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

Shares of Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$7.61 and last traded at C$7.54, with a volume of 7515 shares. The stock had previously closed at C$7.53.

Dexterra Group Stock Performance

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 stock has a market cap of C$485.12 million, a PE ratio of 16.48, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The firm has a fifty day moving average price of C$6.76 and a 200 day moving average price of C$6.23.

Dexterra Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.087 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.59%. Dexterra Group’s payout ratio is 76.09%.

Insider Buying and Selling

In other news, Senior Officer Mark Alan Becker bought 7,704 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average price of C$6.49 per share, for a total transaction of C$49,998.96. 51.55% of the stock is owned by company 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.