Dexterra Group (TSE:DXT) Stock Crosses Above 200-Day Moving Average – Time to Sell?

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$6.87 and traded as high as C$8.17. Dexterra Group shares last traded at C$8.11, with a volume of 46,979 shares traded.

Wall Street Analysts Forecast Growth

Separately, Raymond James lifted their price target on Dexterra Group from C$8.50 to C$11.00 and gave the company an “outperform” rating in a report on Thursday, January 30th.

Dexterra Group Stock Performance

The stock has a 50-day simple moving average of C$7.75 and a 200-day simple moving average of C$6.87. The stock has a market cap of C$519.04 million, a PE ratio of 17.63, a P/E/G ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.21 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.01. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. During the same period last year, the business earned $0.21 EPS. Equities analysts predict that Dexterra Group Inc. will post 0.7094298 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Mary Garden acquired 3,700 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were purchased at an average price of C$7.83 per share, for a total transaction of C$28,971.00. Also, Senior Officer Mark Alan Becker bought 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, with a total value of C$49,998.96. 51.55% of the stock is currently owned by 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.