Dexterra Group (TSE:DXT) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Dexterra Group Inc. shares have crossed above their two hundred day moving average, currently trading at C$9.50, which indicates potential bullish momentum.
• Analysts have raised their price targets for Dexterra Group, with ATB Capital increasing theirs from C$10.75 to C$11.75 and National Bankshares from C$13.00 to C$14.00, both rating the stock as "outperform."
• The stock has a market capitalization of C$590.73 million and a current ratio of 1.46, indicating healthy short-term financial stability.

Shares of Dexterra Group Inc. (TSE:DXT - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.89 and traded as high as C$9.52. Dexterra Group shares last traded at C$9.50, with a volume of 10,507 shares traded.

Analyst Upgrades and Downgrades

DXT has been the topic of a number of research analyst reports. ATB Capital boosted their price target on shares of Dexterra Group from C$10.75 to C$11.75 and gave the company an "outperform" rating in a research note on Thursday, August 7th. National Bankshares boosted their target price on Dexterra Group from C$13.00 to C$14.00 and gave the company an "outperform" rating in a research report on Thursday, August 7th. Finally, Scotiabank set a C$11.50 price target on Dexterra Group and gave the stock a "hold" rating in a research note on Tuesday, September 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$12.06.

Dexterra Group Trading Up 0.5%

The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 42.46. The stock has a market capitalization of C$590.73 million, a PE ratio of 16.96, a PEG ratio of 0.90 and a beta of 0.27. The business's 50-day moving average is C$9.64 and its two-hundred day moving average is C$8.89.

Dexterra Group Company Profile

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations.

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