dentalcorp (TSE:DNTL) Shares Up 2.3% - What's Next?

Shares of dentalcorp Holdings Ltd. (TSE:DNTL - Get Free Report) traded up 2.3% on Monday . The company traded as high as C$8.15 and last traded at C$8.12. 265,651 shares changed hands during trading, an increase of 43% from the average session volume of 186,232 shares. The stock had previously closed at C$7.94.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. National Bankshares set a C$15.00 target price on shares of dentalcorp and gave the stock a "buy" rating in a research note on Thursday, February 27th. CIBC upped their target price on shares of dentalcorp from C$11.50 to C$13.00 and gave the stock an "outperform" rating in a research note on Monday, March 24th. Desjardins upped their target price on shares of dentalcorp from C$12.00 to C$12.75 and gave the stock a "buy" rating in a research note on Monday, March 24th. Finally, Canaccord Genuity Group upped their target price on shares of dentalcorp from C$12.25 to C$12.50 and gave the stock a "buy" rating in a research note on Monday, March 24th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$12.22.

dentalcorp Trading Up 2.3 %

The stock has a market capitalization of C$1.52 billion, a PE ratio of -18.88, a PEG ratio of -2.69 and a beta of 1.26. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. The business's 50-day moving average is C$7.81 and its two-hundred day moving average is C$8.33.

dentalcorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd were given a $0.03 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.12 dividend on an annualized basis and a yield of 1.48%.

dentalcorp Company Profile

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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