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

Shares of Dexterra Group Inc. (TSE:DXT - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.86 and traded as high as C$8.80. Dexterra Group shares last traded at C$8.79, with a volume of 16,487 shares traded.

Analyst Upgrades and Downgrades

Separately, National Bankshares upped their target price on shares of Dexterra Group from C$11.00 to C$11.50 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th.

Dexterra Group Price Performance

The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46. The firm has a fifty day simple moving average of C$8.21 and a two-hundred day simple moving average of C$7.87. The firm has a market cap of C$555.57 million, a PE ratio of 44.44, a PEG ratio of 0.90 and a beta of 1.02.

Dexterra Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a $0.0875 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.35 annualized dividend and a yield of 4.01%. This is a positive change from Dexterra Group's previous quarterly dividend of $0.09. Dexterra Group's dividend payout ratio (DPR) is currently 178.18%.

Insiders Place Their Bets

In related news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the stock in a transaction dated 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 currently owned by 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.