Dexterra Group (TSE:DXT) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Dexterra Group Inc. (TSE:DXT) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$11.19 and traded as high as C$13.34. Dexterra Group shares last traded at C$13.28, with a volume of 70,669 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised Dexterra Group to a “strong-buy” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Dexterra Group presently has an average rating of “Buy” and an average price target of C$12.75.

Dexterra Group Trading Up 1.9%

The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 42.46. The company has a 50-day moving average price of C$12.70 and a 200-day moving average price of C$11.19. The company has a market capitalization of C$826.53 million, a price-to-earnings ratio of 20.75, a P/E/G ratio of 0.90 and a beta of 0.43.

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.