Dexterra Group (TSE:DXT) Stock Price Crosses Above Two Hundred Day Moving Average of $5.76

Dexterra Group Inc. (TSE:DXT - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.76 and traded as high as C$5.76. Dexterra Group shares last traded at C$5.71, with a volume of 13,435 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Raymond James upgraded Dexterra Group from a "market perform" rating to an "outperform" rating and upped their target price for the stock from C$7.00 to C$8.00 in a report on Monday, March 11th. ATB Capital dropped their price target on Dexterra Group from C$9.00 to C$8.25 in a research note on Monday, March 11th. Finally, TD Securities downgraded shares of Dexterra Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from C$7.50 to C$6.00 in a report on Friday, March 8th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of C$7.75.

Dexterra Group Stock Down 5.1 %

The firm has a market cap of C$347.69 million, a price-to-earnings ratio of 13.22, a PEG ratio of 0.90 and a beta of 1.02. The firm has a 50 day moving average of C$5.75 and a 200 day moving average of C$5.76. The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 40.87.

Dexterra Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a $0.087 dividend. This represents a $0.35 annualized dividend and a yield of 6.42%. The ex-dividend date was Wednesday, March 27th. Dexterra Group's payout ratio is currently 85.37%.

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.