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

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$7.86 and last traded at C$7.86, with a volume of 6310 shares trading hands. The stock had previously closed at C$7.75.

Dexterra Group Price Performance

The firm has a market cap of C$506.88 million, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. 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 company’s fifty day moving average is C$6.84 and its two-hundred day moving average is C$6.29.

Dexterra Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.087 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date is Tuesday, December 31st. Dexterra Group’s payout ratio is 76.09%.

Insider Activity

In other news, Senior Officer Mark Alan Becker acquired 7,704 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of C$6.49 per share, with a total value of C$49,998.96. Company 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.