Dexterra Group (TSE:DXT) Reaches New 12-Month High – Here’s What Happened

Dexterra Group Inc. (TSE:DXT) shares hit a new 52-week high on Friday . The company traded as high as C$8.13 and last traded at C$8.12, with a volume of 58432 shares changing hands. The stock had previously closed at C$8.05.

Dexterra Group Price Performance

The company’s fifty day moving average price is C$7.53 and its two-hundred day moving average price is C$6.69. The company has a quick ratio of 1.28, a current ratio of 1.52 and a debt-to-equity ratio of 55.43. The company has a market cap of C$526.72 million, a price-to-earnings ratio of 17.89, a PEG ratio of 0.90 and a beta of 1.02.

Dexterra Group (TSE:DXT) last announced its earnings results on Tuesday, November 5th. The company reported C$0.21 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.20 by C$0.01. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. During the same period last year, the firm posted $0.21 earnings per share. On average, equities research analysts forecast that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.087 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.23%. Dexterra Group’s payout ratio is presently 76.09%.

Insider Activity at Dexterra Group

In related news, Senior Officer Mark Alan Becker acquired 7,704 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was bought at an average price of C$6.49 per share, for a total transaction of C$49,998.96. Also, Director Mary Garden bought 3,700 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were bought at an average price of C$7.83 per share, for a total transaction of C$28,971.00. In the last quarter, insiders have bought 12,404 shares of company stock valued at $85,300. 51.55% of the stock is owned by 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.