Dexterra Group (TSE:DXT) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Dexterra Group Inc. (TSE:DXT) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$12.69 and traded as high as C$14.14. Dexterra Group shares last traded at C$14.07, with a volume of 16,955 shares trading hands.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets boosted their target price on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$15.83.

Dexterra Group Stock Down 0.1%

The company has a 50 day moving average price of C$13.20 and a two-hundred day moving average price of C$12.69. The company has a debt-to-equity ratio of 85.07, a current ratio of 1.42 and a quick ratio of 1.28. The stock has a market cap of C$878.19 million, a PE ratio of 19.27, a PEG ratio of 0.90 and a beta of 0.39.

Dexterra Group (TSE:DXT) last issued its earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share for the quarter. The business had revenue of C$275.47 million during the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%. Analysts expect that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

Dexterra Group Company Profile

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.