dentalcorp (TSE:DNTL) Stock Price Up 31.8% - Should You Buy?

Key Points

• dentalcorp Holdings Ltd. experienced a significant stock price increase of 31.8% during mid-day trading, reaching a high of C$10.95 from a previous close of C$8.28.
• The company is set to pay a quarterly dividend of $0.025 per share on October 21st, representing an annualized payout of $0.10 with a 0.9% dividend yield.
• dentalcorp has a market cap of C$2.17 billion and is involved in acquiring dental practices while providing health care services in Canada.

dentalcorp Holdings Ltd. (TSE:DNTL - )'s stock price rose 31.8% during mid-day trading on Saturday . The company 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 Stock Up 31.8%

The firm has a market cap of C$2.17 billion, a PE ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The stock has a fifty day moving average price of C$8.20 and a 200-day moving average price of C$8.22. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19.

dentalcorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Thursday, October 2nd will be paid 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 currently -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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