Dexterra Group (TSE:DXT) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Dexterra Group Inc. (TSE:DXT - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.48 and traded as high as C$8.58. Dexterra Group shares last traded at C$8.58, with a volume of 36,204 shares changing hands.

Analyst Ratings Changes

Several brokerages have recently issued reports on DXT. Raymond James boosted their price objective on shares of Dexterra Group from C$8.50 to C$11.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. National Bankshares lifted their price objective on shares of Dexterra Group from C$11.00 to C$11.50 and gave the company an "outperform" rating in a research note on Wednesday, February 26th.

Dexterra Group Stock Up 1.1 %

The stock has a market capitalization of C$542.21 million, a price-to-earnings ratio of 43.37, 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 firm has a 50-day moving average of C$7.78 and a two-hundred day moving average of C$7.54.

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 issued a dividend of $0.0875 per share. This represents a $0.35 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Dexterra Group's previous quarterly dividend of $0.09. Dexterra Group's dividend payout ratio (DPR) is 178.18%.

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.