Dexterra Group (TSE:DXT) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Dexterra Group Inc. (TSE:DXT)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.29 and traded as high as C$7.76. Dexterra Group shares last traded at C$7.75, with a volume of 27,764 shares.

Dexterra Group Stock Performance

The stock has a fifty day moving average price of C$6.87 and a 200 day moving average price of C$6.31. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43. The firm has a market cap of C$503.68 million, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02.

Dexterra Group Announces Dividend

The company also recently disclosed 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. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend is Tuesday, December 31st. Dexterra Group’s payout ratio is 76.09%.

Insider Buying and Selling

In related news, Senior Officer Mark Alan Becker acquired 7,704 shares of the stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average price of C$6.49 per share, for a total transaction of C$49,998.96. 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.