Dexterra Group Inc. (TSE:DXT) Senior Officer Sells C$160,564.28 in Stock

Dexterra Group Inc. (TSE:DXT) Senior Officer Jeffrey Litchfield sold 18,692 shares of the stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of C$8.59, for a total transaction of C$160,564.28.

Dexterra Group Price Performance

Shares of DXT traded down C$0.12 during mid-day trading on Monday, reaching C$8.54. 42,329 shares of the company’s stock were exchanged, compared to its average volume of 40,622. The company has a 50-day simple moving average of C$7.83 and a two-hundred day simple moving average of C$7.59. The company has a market cap of C$543.48 million, a price-to-earnings ratio of 43.48, a PEG ratio of 0.90 and a beta of 1.02. The company has a quick ratio of 1.28, a current ratio of 1.46 and a debt-to-equity ratio of 42.46. Dexterra Group Inc. has a 52-week low of C$5.13 and a 52-week high of C$8.84.

Dexterra Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.0875 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Monday, March 31st. This is a positive change from Dexterra Group’s previous quarterly dividend of $0.09. Dexterra Group’s dividend payout ratio is currently 178.18%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DXT shares. National Bankshares boosted their target price on shares of Dexterra Group from C$11.00 to C$11.50 and gave the stock an “outperform” rating in a research note on Wednesday, February 26th. Raymond James boosted their price objective on shares of Dexterra Group from C$8.50 to C$11.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th.

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.