dentalcorp (TSE:DNTL) Shares Up 31.8% - Still a Buy?

Key Points

• dentalcorp Holdings Ltd. shares surged by 31.8%, reaching a trading price of C$10.91, with substantial trading volume that was over 3,267% higher than the average.
• The company's debt-to-equity ratio stands at 78.72, and it recently announced a quarterly dividend of $0.025 per share, indicating a 0.9% dividend yield.
• dentalcorp is engaged in acquiring dental practices and has a market capitalization of approximately C$2.17 billion despite a negative P/E ratio.

dentalcorp Holdings Ltd. (TSE:DNTL - ) shares were up 31.8% on Saturday . The stock traded as high as C$10.95 and last traded at C$10.91. Approximately 6,520,779 shares changed hands during trading, an increase of 3,267% from the average daily volume of 193,674 shares. The stock had previously closed at C$8.28.

dentalcorp Price Performance

The stock has a market cap of C$2.17 billion, a P/E ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The business's fifty day moving average price is C$8.20 and its 200 day moving average price is C$8.23.

dentalcorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Thursday, October 2nd will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. dentalcorp's dividend payout ratio (DPR) is -21.74%.

About dentalcorp

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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