Dollarama Inc. (OTCMKTS:DLMAF - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $137.63 and traded as low as $123.66. Dollarama shares last traded at $123.66, with a volume of 470 shares changing hands.
Analysts Set New Price Targets
Several brokerages have weighed in on DLMAF. Wells Fargo & Company raised Dollarama to a "hold" rating in a report on Tuesday, March 24th. UBS Group raised Dollarama to a "hold" rating in a report on Wednesday, March 25th. TD Securities raised Dollarama to a "strong-buy" rating in a report on Wednesday, March 25th. Canaccord Genuity Group raised Dollarama to a "hold" rating in a report on Tuesday, March 24th. Finally, Jefferies Financial Group raised Dollarama to a "strong-buy" rating in a report on Wednesday, March 25th. Six investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".
Check Out Our Latest Analysis on DLMAF
Dollarama Stock Down 0.2%
The stock has a fifty day moving average price of $133.41 and a 200 day moving average price of $137.63. The company has a debt-to-equity ratio of 3.17, a current ratio of 1.13 and a quick ratio of 0.31. The stock has a market capitalization of $33.73 billion and a P/E ratio of 66.13.
Dollarama (OTCMKTS:DLMAF - Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.01. Dollarama had a return on equity of 94.85% and a net margin of 18.05%.The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.52 billion. On average, research analysts forecast that Dollarama Inc. will post 3.71 earnings per share for the current year.
Dollarama Company Profile
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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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