Dexterra Group (TSE:DXT) Hits New 52-Week High - What's Next?

Key Points

• Dexterra Group Inc. shares reached a new 52-week high of C$10.04 during trading, closing at C$9.93 with a volume of 29,731 shares.
• Analysts at ATB Capital and National Bankshares have increased their price targets for Dexterra Group, now set at C$11.75 and C$14.00 respectively, both maintaining an "outperform" rating.
• The company operates in sectors such as aviation, defense, and healthcare, offering integrated facilities management, modular solutions, and workforce accommodations.

Dexterra Group Inc. (TSE:DXT - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$10.04 and last traded at C$9.93, with a volume of 29731 shares trading hands. The stock had previously closed at C$9.99.

Analysts Set New Price Targets

Several analysts have commented on the stock. ATB Capital raised their target price on shares of Dexterra Group from C$10.75 to C$11.75 and gave the stock an "outperform" rating in a report on Thursday, August 7th. National Bankshares raised their target price on shares of Dexterra Group from C$13.00 to C$14.00 and gave the stock an "outperform" rating in a report on Thursday, August 7th.

Dexterra Group Price Performance

The company has a fifty day moving average of C$9.38 and a 200 day moving average of C$8.51. The firm has a market capitalization of C$631.94 million, a P/E ratio of 50.55, a PEG ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

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.