Dollarama (TSE:DOL) Reaches New 1-Year Low - Here's Why

Shares of Dollarama Inc. (TSE:DOL - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$150.13, with a volume of 279162 shares. The stock had previously closed at C$150.83.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DOL shares. UBS Group set a C$147.00 price target on shares of Dollarama and gave the company a "neutral" rating in a research note on Friday, December 13th. National Bankshares lowered shares of Dollarama from an "outperform" rating to a "sector perform" rating in a research report on Thursday, December 5th. Scotiabank upgraded shares of Dollarama to a "strong-buy" rating in a report on Monday, January 20th. Desjardins raised their price objective on Dollarama from C$147.00 to C$150.00 and gave the company a "buy" rating in a report on Tuesday, December 3rd. Finally, TD Securities upped their target price on Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$145.17.

Dollarama Trading Up 1.2 %

The company has a debt-to-equity ratio of 369.36, a current ratio of 1.43 and a quick ratio of 0.08. The firm has a market cap of C$42.84 billion, a price-to-earnings ratio of 39.49, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The firm's fifty day moving average is C$141.04 and its 200-day moving average is C$140.77.

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Dollarama Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, February 7th were given a dividend of $0.092 per share. This represents a $0.37 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend was Friday, January 10th. Dollarama's dividend payout ratio (DPR) is 9.42%.

Insider Activity at Dollarama

In other news, Director Nicolas Hien sold 9,000 shares of the company's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$139.60, for a total transaction of C$1,256,386.50. Also, Director Stephen Gunn sold 54,950 shares of Dollarama stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total transaction of C$7,779,271.50. 2.23% of the stock is owned by corporate insiders.

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.