Dexterra Group (TSE:DXT) Hits New 52-Week High - Time to Buy?

Key Points

• Dexterra Group Inc. shares reached a new 52-week high at C$9.90 during trading, with a recent price of C$9.80 and a trading volume of 20,136 shares.
• The company has a market capitalization of C$623.67 million and financial ratios indicating a P/E ratio of 49.89 and a debt-to-equity ratio of 42.46.
• Insider trading activity includes Senior Officer Jeffrey Litchfield selling 18,692 shares at an average price of C$8.59, while 51.55% of the stock is owned by company insiders.

Dexterra Group Inc. (TSE:DXT - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$9.90 and last traded at C$9.80, with a volume of 20136 shares changing hands. The stock had previously closed at C$9.80.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their price objective on shares of Dexterra Group from C$12.50 to C$13.00 and gave the company an "outperform" rating in a research report on Friday.

Dexterra Group Price Performance

The company has a market capitalization of C$612.21 million, a P/E ratio of 48.97, a P/E/G ratio of 0.90 and a beta of 1.02. The business's 50-day simple moving average is C$9.14 and its 200 day simple moving average is C$8.36. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46.

Insider Activity

In other news, Senior Officer Jeffrey Litchfield sold 18,692 shares of Dexterra Group stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$8.59, for a total value of C$160,564.28. 51.55% of the stock is owned by corporate insiders.

About Dexterra Group

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.