dentalcorp (TSE:DNTL) Shares Up 0.1% - What's Next?

dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) rose 0.1% during mid-day trading on Monday . The stock traded as high as C$10.93 and last traded at C$10.90. Approximately 302,720 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 227,578 shares. The stock had previously closed at C$10.89.

Analysts Set New Price Targets

DNTL has been the subject of several research reports. Royal Bank Of Canada lowered dentalcorp from an "outperform" rating to a "sector perform" rating and reduced their price objective for the stock from C$13.00 to C$11.00 in a research note on Monday, September 29th. CIBC lowered dentalcorp from an "outperform" rating to a "tender" rating and decreased their price target for the company from C$13.00 to C$11.00 in a research report on Monday, September 29th. Desjardins cut dentalcorp from a "buy" rating to a "tender" rating and dropped their price target for the stock from C$12.75 to C$11.00 in a research note on Monday, September 29th. Jefferies Financial Group lowered shares of dentalcorp from a "buy" rating to a "hold" rating and reduced their price objective for the company from C$11.50 to C$11.00 in a research note on Monday, September 29th. Finally, Stifel Nicolaus cut shares of dentalcorp from a "buy" rating to a "hold" rating and decreased their target price for the stock from C$12.50 to C$11.00 in a report on Tuesday, September 30th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$11.55.

dentalcorp Stock Up 0.1%

The firm has a 50-day moving average of C$9.10 and a two-hundred day moving average of C$8.57. The stock has a market capitalization of C$2.17 billion, a price-to-earnings ratio of -47.39, a price-to-earnings-growth ratio of -2.69 and a beta of 1.39. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72.

dentalcorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 21st will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, October 2nd. dentalcorp's dividend payout ratio is -21.74%.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

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