Dexterra Group (TSE:DXT) Reaches New 12-Month High – Still a Buy?

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during trading on Monday . The stock traded as high as C$7.61 and last traded at C$7.54, with a volume of 7515 shares. The stock had previously closed at C$7.53.

Dexterra Group Stock Performance

The firm has a 50 day simple moving average of C$6.73 and a 200 day simple moving average of C$6.20. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52. The firm has a market cap of C$481.92 million, a P/E ratio of 16.37, a P/E/G ratio of 0.90 and a beta of 1.02.

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 $0.087 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.35 annualized dividend and a yield of 4.62%. Dexterra Group’s dividend payout ratio is currently 76.09%.

Insider Activity

In other Dexterra Group news, Senior Officer Mark Alan Becker purchased 7,704 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was purchased at an average price of C$6.49 per share, for a total transaction of C$49,998.96. Corporate insiders own 51.55% of the company’s stock.

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.