CA - Here's Why Dexterra Remains A Buy After Its Q1 Results

2024-05-21 05:04:39 ET

Summary

• Dexterra's stock has traded in a narrow range, losing 5.52% in the past year, compared to the S&P 500's return of 11.23%.
• The company posted an unexpected net loss of $3.6 million in Q1, leading to a 10% drop in shares.
• HZNOF has two growth catalysts: Integrated Facility Management and Workforce Accommodations & Forestry and Energy Services business for long-term competitiveness.

In the last year, Dexterra ( HZNOF ) (DXT:CA) traded in a narrow range between $5.40 and $6.00. Whenever shares touched around $6.00, selling pressure would send the stock price lower. Since I last wrote about Dexterra , the stock lost 5.52% excluding dividends, compared to the S&P 500's return of 11.23%....

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