Mark Di Pesa Sells 1,350 Shares of Dollarama Inc. (TSE:DOL) Stock

Dollarama Inc. (TSE:DOL - Get Free Report) Senior Officer Mark Di Pesa sold 1,350 shares of the company's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of C$173.51, for a total value of C$234,234.45.

Dollarama Trading Down 0.3 %

DOL traded down C$0.56 during trading on Friday, reaching C$169.17. The company had a trading volume of 202,168 shares, compared to its average volume of 766,288. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36. The business has a 50 day simple moving average of C$156.77 and a 200-day simple moving average of C$147.17. The stock has a market cap of C$46.75 billion, a P/E ratio of 43.09, a PEG ratio of 1.93 and a beta of 0.56. Dollarama Inc. has a 52 week low of C$115.55 and a 52 week high of C$174.75.

Dollarama Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 9th will be paid a dividend of $0.1058 per share. The ex-dividend date is Thursday, April 17th. This is a boost from Dollarama's previous quarterly dividend of $0.09. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.25%. Dollarama's payout ratio is currently 9.42%.

Wall Street Analyst Weigh In

DOL has been the subject of several analyst reports. Jefferies Financial Group set a C$180.00 price objective on Dollarama and gave the stock a "buy" rating in a research note on Thursday, April 10th. CIBC boosted their price objective on Dollarama from C$145.00 to C$174.00 in a research note on Friday, April 4th. National Bank Financial upgraded shares of Dollarama from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 27th. Canaccord Genuity Group upped their price target on shares of Dollarama from C$146.00 to C$168.00 in a research report on Friday, April 4th. Finally, TD Securities raised their price target on Dollarama from C$160.00 to C$185.00 and gave the company a "buy" rating in a report on Friday, April 4th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$164.50.

About Dollarama

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company's product offerings.