Mary Garden Acquires 4,694 Shares of Dexterra Group Inc. (TSE:DXT) Stock

Dexterra Group Inc. (TSE:DXT) Director Mary Garden acquired 4,694 shares of Dexterra Group stock in a transaction that occurred on Wednesday, May 22nd. The stock was bought at an average price of C$5.40 per share, with a total value of C$25,347.60.

Dexterra Group Price Performance

Shares of TSE:DXT opened at C$5.40 on Friday. The company has a debt-to-equity ratio of 40.87, a quick ratio of 1.28 and a current ratio of 1.33. The business’s fifty day moving average price is C$5.71 and its two-hundred day moving average price is C$5.75. The stock has a market cap of C$346.41 million, a PE ratio of 13.17, a price-to-earnings-growth ratio of 0.90 and a beta of 0.99. Dexterra Group Inc. has a one year low of C$5.25 and a one year high of C$6.35.

Dexterra Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.087 per share. This represents a $0.35 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date is Friday, June 28th. Dexterra Group’s dividend payout ratio is presently 85.37%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. ATB Capital dropped their target price on shares of Dexterra Group from C$9.00 to C$8.25 in a report on Monday, March 11th. Raymond James upgraded Dexterra Group from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from C$7.00 to C$8.00 in a research report on Monday, March 11th. TD Securities cut Dexterra Group from a “buy” rating to a “hold” rating and dropped their price target for the company from C$7.50 to C$6.00 in a research report on Friday, March 8th. Finally, Scotiabank decreased their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$7.65.

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.