Dollarama (OTCMKTS:DLMAF) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Technical move: Dollarama's share price crossed above its 50‑day moving average of $142.55, trading as high as $146.25 and last at $144.42.
• Analyst sentiment: Eight analysts have Buy/Outperform ratings (including RBC, National Bank, CIBC, Scotiabank and TD), leaving a MarketBeat consensus of Buy.
• Fundamentals: The company beat quarterly EPS estimates ($0.84 vs. $0.79) and showed strong margins and ROE, but the stock carries a high P/E of 171.93 and an elevated debt‑to‑equity ratio of 3.55.

Dollarama Inc. (OTCMKTS:DLMAF - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $142.55 and traded as high as $146.25. Dollarama shares last traded at $144.42, with a volume of 930 shares traded.

Analyst Upgrades and Downgrades

DLMAF has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an "outperform" rating on shares of Dollarama in a research note on Friday, November 28th. National Bank Financial restated an "outperform" rating on shares of Dollarama in a research note on Thursday, December 4th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Dollarama in a report on Friday, December 12th. Scotiabank reiterated an "outperform" rating on shares of Dollarama in a research report on Friday, December 12th. Finally, TD Securities reissued a "buy" rating on shares of Dollarama in a report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy".

Dollarama Trading Down 0.6%

The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23. The stock has a market cap of $39.42 billion and a P/E ratio of 171.93. The firm's fifty day moving average price is $142.55 and its two-hundred day moving average price is $138.89.

Dollarama (OTCMKTS:DLMAF - Get Free Report) last posted its quarterly earnings data on Thursday, December 11th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.05. Dollarama had a return on equity of 98.93% and a net margin of 18.61%.The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion.

Dollarama Company Profile

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.

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