Dexterra Group (TSE:DXT) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Dexterra Group Inc. (TSE:DXT) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.21 and traded as high as C$11.81. Dexterra Group shares last traded at C$11.64, with a volume of 23,817 shares trading hands.

Analysts Set New Price Targets

DXT has been the topic of a number of recent analyst reports. Scotiabank set a C$11.50 target price on shares of Dexterra Group and gave the company a “hold” rating in a research note on Tuesday, September 9th. National Bankshares boosted their price objective on Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$12.31.

Dexterra Group Stock Performance

The stock’s 50-day moving average price is C$11.44 and its 200-day moving average price is C$10.23. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46. The company has a market capitalization of C$728.32 million, a P/E ratio of 18.27, a P/E/G ratio of 0.90 and a beta of 0.33.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, November 4th. The company reported C$0.21 earnings per share for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. As a group, equities analysts expect that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.