Dexterra Group (TSE:DXT) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of Dexterra Group Inc. (TSE:DXT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.68 and traded as high as C$13.16. Dexterra Group shares last traded at C$13.11, with a volume of 36,859 shares changing hands.

Wall Street Analyst Weigh In

Separately, National Bankshares raised their price target on Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$12.31.

Dexterra Group Trading Down 0.5%

The firm’s 50 day moving average is C$12.16 and its 200 day moving average is C$10.68. 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 cap of C$815.95 million, a PE ratio of 20.48, a PEG ratio of 0.90 and a beta of 0.41.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Tuesday, November 4th. The company reported C$0.21 EPS for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. On average, equities analysts anticipate that Dexterra Group Inc. will post 0.7094298 earnings per share for the current year.

About Dexterra Group

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.