Dexterra Group (TSE:DXT) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Dexterra Group Inc. (TSE:DXT) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.61 and traded as high as C$13.83. Dexterra Group shares last traded at C$13.74, with a volume of 16,655 shares traded.

Wall Street Analysts Forecast Growth

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

Dexterra Group Price Performance

The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42. The firm has a market capitalization of C$866.29 million, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 0.90 and a beta of 0.41. The company has a 50-day moving average price of C$12.97 and a 200-day moving average price of C$12.62.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. The company 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%. On average, sell-side analysts predict that Dexterra Group Inc. will post 0.7094298 earnings per share 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.