dentalcorp (TSE:DNTL) Stock Price Up 31.8% - What's Next?

Key Points

• dentalcorp Holdings Ltd. stock increased by 31.8%, reaching a last trading price of C$10.91, with over 6.5 million shares traded, significantly above the average volume.
• The company declared a quarterly dividend of $0.025, with an annualized dividend yield of 0.9%, payable on October 21st.
• dentalcorp has a current market capitalization of C$2.17 billion and maintains a debt-to-equity ratio of 78.72.

dentalcorp Holdings Ltd. (TSE:DNTL - )'s share price rose 31.8% during mid-day trading on Saturday . The stock traded as high as C$10.95 and last traded at C$10.91. Approximately 6,520,779 shares traded 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 company's 50-day moving average is C$8.20 and its 200-day moving average is C$8.22. 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 firm has a market capitalization of C$2.17 billion, a price-to-earnings ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38.

dentalcorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Thursday, October 2nd will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.9%. dentalcorp's 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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