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

Dexterra Group Inc. (TSE:DXTGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.10 and traded as high as C$12.11. Dexterra Group shares last traded at C$11.99, with a volume of 44,128 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on DXT shares. National Bankshares raised their target price on shares of Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Scotiabank set a C$11.50 target price on shares of Dexterra Group and gave the company a “hold” rating in a report on Tuesday, September 9th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$12.31.

Get Our Latest Report on Dexterra Group

Dexterra Group Stock Down 0.1%

The firm’s 50-day simple moving average is C$11.24 and its two-hundred day simple moving average is C$10.11. 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 company has a market capitalization of C$747.01 million, a price-to-earnings ratio of 18.73, a price-to-earnings-growth ratio of 0.90 and a beta of 0.33.

Dexterra Group (TSE:DXTGet Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported C$0.21 earnings per share for the quarter. Dexterra Group had a return on equity of 4.53% and a net margin of 1.24%. Sell-side analysts predict that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

(Get Free Report)

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.

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