Dexterra Group (TSE:DXT) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Dexterra Group Inc. (TSE:DXT)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$13.30 and traded as high as C$14.93. Dexterra Group shares last traded at C$14.90, with a volume of 34,246 shares.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Canaccord Genuity Group increased their price target on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a report on Friday, July 24th. National Bank Financial lifted their price objective on Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Scotia boosted their target price on Dexterra Group from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Finally, ATB Cormark Capital Markets increased their target price on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Dexterra Group has an average rating of “Moderate Buy” and an average price target of C$18.88.

Dexterra Group Trading Up 2.5%

The firm has a market cap of C$930.89 million, a PE ratio of 21.59, a PEG ratio of 0.90 and a beta of 0.26. The company has a debt-to-equity ratio of 76.31, a current ratio of 1.32 and a quick ratio of 1.28. The business has a 50-day moving average price of C$14.47 and a two-hundred day moving average price of C$13.30.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 EPS for the quarter. The business had revenue of C$269.21 million for the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. Analysts forecast that Dexterra Group Inc. will post 0.7094298 EPS 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.