Dexterra Group (TSE:DXT) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Dexterra Group Inc. (TSE:DXT) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.16 and traded as high as C$7.52. Dexterra Group shares last traded at C$7.35, with a volume of 17,461 shares.

Analyst Upgrades and Downgrades

DXT has been the topic of a number of research analyst reports. Raymond James lifted their target price on Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. National Bankshares lifted their target price on 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 Stock Performance

The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 42.46. The stock has a fifty day moving average of C$7.89 and a 200-day moving average of C$7.16. The stock has a market cap of C$467.75 million, a PE ratio of 37.42, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02.

Insider Buying and Selling at Dexterra Group

In related news, Director Mary Garden purchased 3,700 shares of Dexterra Group stock in a transaction dated Tuesday, January 7th. The stock was bought at an average cost of C$7.83 per share, for a total transaction of C$28,971.00. 51.55% of the stock is owned by corporate 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.