Dexterra Group (TSE:DXT) Hits New 52-Week High – Here’s Why

Dexterra Group Inc. (TSE:DXT) shares hit a new 52-week high on Monday . The stock traded as high as C$8.05 and last traded at C$7.96, with a volume of 14660 shares changing hands. The stock had previously closed at C$8.00.

Dexterra Group Stock Performance

The firm has a market cap of C$503.68 million, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The business’s fifty day simple moving average is C$7.10 and its 200-day simple moving average is C$6.44. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43.

Dexterra Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.087 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.42%. Dexterra Group’s dividend payout ratio is currently 76.09%.

Insider Transactions at Dexterra Group

In other Dexterra Group news, Senior Officer Mark Alan Becker purchased 7,704 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average cost of C$6.49 per share, with a total value of C$49,998.96. Corporate 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.