Dollarama Inc. (TSE:DOL - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$139.14 and traded as high as C$141.01. Dollarama shares last traded at C$139.48, with a volume of 518,676 shares changing hands.
Analyst Ratings Changes
DOL has been the topic of a number of recent research reports. BMO Capital Markets increased their price target on Dollarama from C$147.00 to C$154.00 in a research report on Friday, November 22nd. Royal Bank of Canada dropped their target price on shares of Dollarama from C$160.00 to C$159.00 in a report on Thursday, December 5th. Canaccord Genuity Group boosted their price target on shares of Dollarama from C$138.00 to C$140.00 and gave the company a "hold" rating in a report on Thursday, November 28th. Scotiabank raised shares of Dollarama to a "strong-buy" rating in a report on Monday, January 20th. Finally, National Bank Financial downgraded shares of Dollarama from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$145.17.
Get Our Latest Stock Analysis on Dollarama
Dollarama Stock Down 0.3 %
The company has a 50-day moving average of C$139.38 and a 200-day moving average of C$139.44. The company has a current ratio of 1.43, a quick ratio of 0.08 and a debt-to-equity ratio of 369.36. The company has a market capitalization of C$39.59 billion, a price-to-earnings ratio of 36.49, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56.
Dollarama Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, February 7th were paid a $0.092 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Friday, January 10th. Dollarama's dividend payout ratio (DPR) is presently 9.42%.
Insider Buying and Selling at Dollarama
In other Dollarama news, Director Stephen Gunn sold 54,950 shares of Dollarama stock in a transaction that occurred 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. Also, Director Nicolas Hien sold 9,000 shares of the stock in a transaction 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. 2.23% of the stock is currently owned by company insiders.
Dollarama Company Profile
(
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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.
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