Dexterra Group (TSE:DXT) Hits New 52-Week High – Time to Buy?

Dexterra Group Inc. (TSE:DXT)’s share price reached a new 52-week high on Monday . The company traded as high as C$8.05 and last traded at C$7.96, with a volume of 14660 shares traded. The stock had previously closed at C$8.00.

Dexterra Group Price Performance

The company has a market capitalization of C$494.72 million, a P/E ratio of 16.80, a PEG ratio of 0.90 and a beta of 1.02. The stock’s fifty day simple moving average is C$7.16 and its 200-day simple moving average is C$6.48. The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28.

Dexterra Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.087 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.35 annualized dividend and a yield of 4.50%. Dexterra Group’s payout ratio is 76.09%.

Insider Buying and Selling at Dexterra Group

In related news, Director Mary Garden purchased 3,700 shares of Dexterra Group stock in a transaction on Tuesday, January 7th. The stock was purchased at an average cost of C$7.83 per share, with a total value of C$28,971.00. Also, Senior Officer Mark Alan Becker purchased 7,704 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average price of C$6.49 per share, for a total transaction of C$49,998.96. Insiders have acquired 12,404 shares of company stock valued at $85,300 in the last 90 days. 51.55% of the stock is currently owned by 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.