Dexterra Group (TSE:DXT) Reaches New 52-Week High – What’s Next?

Shares of Dexterra Group Inc. (TSE:DXT) reached a new 52-week high on Tuesday . The company traded as high as C$7.86 and last traded at C$7.86, with a volume of 6310 shares. The stock had previously closed at C$7.75.

Dexterra Group Stock Performance

The firm has a market cap of C$506.88 million, a price-to-earnings ratio of 17.22, a PEG ratio of 0.90 and a beta of 1.02. The stock’s fifty day moving average is C$6.84 and its two-hundred day moving average is C$6.29. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52.

Dexterra Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.087 dividend. This represents a $0.35 annualized dividend and a yield of 4.39%. The ex-dividend date is Tuesday, December 31st. Dexterra Group’s dividend payout ratio is currently 76.09%.

Insider Activity

In other news, Senior Officer Mark Alan Becker purchased 7,704 shares of Dexterra Group stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average price of C$6.49 per share, for a total transaction of C$49,998.96. Insiders own 51.55% of the company’s stock.

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.