dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report)'s stock price was down 0.6% during mid-day trading on Friday . The stock traded as low as C$8.06 and last traded at C$8.10. Approximately 124,058 shares were traded during trading, a decline of 25% from the average daily volume of 164,338 shares. The stock had previously closed at C$8.15.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on DNTL. TD Securities lifted their price objective on dentalcorp from C$12.00 to C$13.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Desjardins lifted their price objective on dentalcorp from C$12.00 to C$12.75 and gave the stock a "buy" rating in a research report on Monday, March 24th. Canaccord Genuity Group lifted their price objective on dentalcorp from C$12.25 to C$12.50 and gave the stock a "buy" rating in a research report on Monday, March 24th. Finally, CIBC lifted their price objective on dentalcorp from C$11.50 to C$13.00 and gave the stock an "outperform" rating in a research report on Monday, March 24th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$12.59.
View Our Latest Stock Analysis on DNTL
dentalcorp Price Performance
The business's fifty day moving average is C$8.50 and its 200 day moving average is C$8.11. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. The company has a market cap of C$1.52 billion, a P/E ratio of -18.83, a PEG ratio of -2.69 and a beta of 1.26.
dentalcorp Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Thursday, July 3rd will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, July 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 1.23%.
About dentalcorp
(
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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.
See Also
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