Dexterra Group (TSE:DXT) Reaches New 1-Year High – Still a Buy?

Dexterra Group Inc. (TSE:DXT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$8.05 and last traded at C$7.96, with a volume of 14660 shares. The stock had previously closed at C$8.00.

Dexterra Group Stock Performance

The business has a 50 day moving average price of C$7.10 and a 200 day moving average price of C$6.44. The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28. The stock has a market capitalization of C$503.68 million, a PE ratio of 17.11, a PEG ratio of 0.90 and a beta of 1.02.

Dexterra Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.087 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.35 dividend on an annualized basis and a yield of 4.42%. Dexterra Group’s dividend payout ratio is currently 76.09%.

Insider Transactions at Dexterra Group

In other Dexterra Group news, Senior Officer Mark Alan Becker purchased 7,704 shares of the stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average cost of C$6.49 per share, with a total value of C$49,998.96. Insiders own 51.55% of the company’s stock.

Dexterra Group Company Profile

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.