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

Dexterra Group Inc. (TSE:DXT - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.94 and traded as high as C$8.90. Dexterra Group shares last traded at C$8.90, with a volume of 18,110 shares traded.

Analyst Ratings Changes

Separately, National Bankshares increased their target price 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.

Dexterra Group Stock Down 1.1%

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 business has a 50 day simple moving average of C$8.33 and a 200-day simple moving average of C$7.94. The firm has a market capitalization of C$560.03 million, a price-to-earnings ratio of 44.80, a P/E/G ratio of 0.90 and a beta of 1.02.

Dexterra Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.0875 per share. This represents a $0.35 annualized dividend and a dividend yield of 3.98%. The ex-dividend date was Monday, March 31st. This is a positive change from Dexterra Group's previous quarterly dividend of $0.09. Dexterra Group's payout ratio is presently 178.18%.

Insider Transactions at Dexterra Group

In related news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of C$8.59, for a total transaction of C$160,564.28. Company insiders own 51.55% of the company's stock.

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.