Dexterra Group (TSE:DXT) Reaches New 52-Week High – Still a Buy?

Dexterra Group Inc. (TSE:DXT) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$8.25 and last traded at C$8.12, with a volume of 58315 shares. The stock had previously closed at C$8.15.

Wall Street Analysts Forecast Growth

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

Dexterra Group Trading Down 1.9 %

The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28. The firm has a market cap of C$508.80 million, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The firm’s fifty day moving average is C$7.80 and its 200-day moving average is C$6.93.

Insider Activity

In related news, Director Mary Garden acquired 3,700 shares of Dexterra Group stock in a transaction dated Tuesday, January 7th. The stock was bought at an average price of C$7.83 per share, with a total value of C$28,971.00. 51.55% of the stock is owned by company insiders.

Dexterra Group Company Profile

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.