Dexterra Group (TSE:DXT) Share Price Passes Above 200 Day Moving Average – What’s Next?

Dexterra Group Inc. (TSE:DXT)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.55 and traded as high as C$7.63. Dexterra Group shares last traded at C$7.48, with a volume of 24,350 shares changing hands.

Dexterra Group Price Performance

The firm has a market cap of C$478.72 million, a P/E ratio of 16.26, a P/E/G ratio of 0.90 and a beta of 1.02. The company has a fifty day moving average of C$7.31 and a 200-day moving average of C$6.56. The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28.

Dexterra Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.087 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.35 annualized dividend and a dividend yield of 4.65%. Dexterra Group’s payout ratio is 76.09%.

Insider Activity

In related news, Senior Officer Mark Alan Becker bought 7,704 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were purchased at an average cost of C$6.49 per share, for a total transaction of C$49,998.96. Also, Director Mary Garden bought 3,700 shares of Dexterra Group stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average price of C$7.83 per share, with a total value of C$28,971.00. Insiders bought a total of 12,404 shares of company stock worth $85,300 over the last quarter. 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.