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

Dexterra Group Inc. (TSE:DXT - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$7.43 and traded as high as C$7.82. Dexterra Group shares last traded at C$7.75, with a volume of 34,310 shares trading hands.

Analysts Set New Price Targets

Several analysts have commented on the stock. National Bankshares increased their price target on shares of Dexterra Group from C$11.00 to C$11.50 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. Raymond James increased their target price on shares of Dexterra Group from C$8.50 to C$11.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th.

Dexterra Group Price Performance

The firm has a market cap of C$517.39 million, a PE ratio of 41.39, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. 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 50 day moving average price of C$7.71 and a two-hundred day moving average price of C$7.47.

Dexterra Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.0875 per share. This is a positive change from Dexterra Group's previous quarterly dividend of $0.09. The ex-dividend date was Monday, March 31st. This represents a $0.35 dividend on an annualized basis and a yield of 4.31%. Dexterra Group's dividend payout ratio is presently 178.18%.

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.