Dexterra Group (TSE:DXT) Hits New 52-Week High – Time to Buy?

Dexterra Group Inc. (TSE:DXT) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$8.05 and last traded at C$7.96, with a volume of 14660 shares traded. The stock had previously closed at C$8.00.

Dexterra Group Stock Performance

The firm’s fifty day moving average is C$7.16 and its 200 day moving average is C$6.48. The firm has a market capitalization of C$494.72 million, a price-to-earnings ratio of 16.80, a PEG ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28.

Dexterra Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.087 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Tuesday, December 31st. Dexterra Group’s dividend payout ratio (DPR) is currently 76.09%.

Insider Activity

In other news, Director Mary Garden acquired 3,700 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The shares were purchased at an average price of C$7.83 per share, for a total transaction of C$28,971.00. Also, Senior Officer Mark Alan Becker acquired 7,704 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were acquired at an average cost of C$6.49 per share, for a total transaction of C$49,998.96. Insiders have purchased a total of 12,404 shares of company stock worth $85,300 in the last ninety days. Corporate insiders own 51.55% of the company’s stock.

About Dexterra Group

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.