Dexterra Group (TSE:DXT) Hits New 52-Week High – Here’s What Happened

Dexterra Group Inc. (TSE:DXT)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$11.49 and last traded at C$11.48, with a volume of 8699 shares traded. The stock had previously closed at C$11.33.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. ATB Capital lifted their price objective on Dexterra Group from C$10.75 to C$11.75 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Scotiabank set a C$11.50 price objective on shares of Dexterra Group and gave the company a “hold” rating in a research note on Tuesday, September 9th. Finally, National Bankshares raised their price objective on shares of Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Dexterra Group has a consensus rating of “Moderate Buy” and an average target price of C$12.31.

Dexterra Group Trading Up 0.7%

The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28. The business’s fifty day simple moving average is C$10.19 and its 200 day simple moving average is C$9.61. The stock has a market cap of C$727.57 million, a price-to-earnings ratio of 18.27, a P/E/G ratio of 0.90 and a beta of 0.26.

Dexterra Group (TSE:DXT) last posted its quarterly earnings results on Tuesday, November 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. On average, research analysts predict 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.