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

Shares of Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during trading on Thursday . The company traded as high as C$12.11 and last traded at C$12.10, with a volume of 18815 shares trading hands. The stock had previously closed at C$12.02.

Analysts Set New Price Targets

A number of research firms recently weighed in on DXT. Scotiabank set a C$11.50 price objective on shares of Dexterra Group and gave the company a “hold” rating in a research note on Tuesday, September 9th. National Bankshares lifted their price target on Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$12.31.

Dexterra Group Trading Up 1.6%

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 stock has a market cap of C$764.92 million, a P/E ratio of 19.20, a PEG ratio of 0.90 and a beta of 0.33. The firm’s fifty day moving average price is C$10.89 and its two-hundred day moving average price is C$9.90.

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

Dexterra Group Company Profile

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.