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

Key Points

• dentalcorp Holdings Ltd. stock surged by 31.8%, reaching C$10.91 after trading significantly higher than its average volume, which increased by 3,267%.
• The company announced a quarterly dividend of $0.025 per share, representing a yield of 0.9% and an annualized dividend of $0.10.
• dentalcorp has a market capitalization of C$2.17 billion and a PE ratio of -47.43, indicating potential financial challenges.

dentalcorp Holdings Ltd. (TSE:DNTL - ) was 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 were traded 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 company has a market capitalization of C$2.17 billion, a PE ratio of -47.43, a P/E/G 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 company has a 50-day moving average of C$8.20 and a two-hundred day moving average of C$8.22.

dentalcorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Investors 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 yield of 0.9%. dentalcorp's dividend payout ratio (DPR) is presently -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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