Dexterra Group (TSE:DXT) Reaches New 52-Week High – Here’s Why

Dexterra Group Inc. (TSE:DXT)’s share price hit a new 52-week high on Monday . The company traded as high as C$8.03 and last traded at C$7.99, with a volume of 16746 shares. The stock had previously closed at C$8.00.

Dexterra Group Stock Performance

The stock’s 50 day moving average price is C$6.95 and its 200 day moving average price is C$6.36. The company has a market cap of C$504.32 million, a price-to-earnings ratio of 17.13, a P/E/G ratio of 0.90 and a beta of 1.02. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43.

Dexterra Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.087 dividend. This represents a $0.35 annualized dividend and a dividend yield of 4.42%. The ex-dividend date is Tuesday, December 31st. Dexterra Group’s dividend payout ratio is currently 76.09%.

Insider Buying and Selling at Dexterra Group

In other news, Senior Officer Mark Alan Becker purchased 7,704 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average cost of C$6.49 per share, with a total value of C$49,998.96. 51.55% of the stock is currently owned by corporate insiders.

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.