Dollarama Inc. (TSE:DOL - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$139.80 and traded as high as C$149.08. Dollarama shares last traded at C$147.58, with a volume of 752,731 shares.
Wall Street Analyst Weigh In
A number of research firms recently commented on DOL. Scotiabank raised Dollarama to a "strong-buy" rating in a report on Monday, January 20th. National Bankshares cut Dollarama from an "outperform" rating to a "sector perform" rating in a report on Thursday, December 5th. TD Securities boosted their price target on Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. National Bank Financial cut Dollarama from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, Canaccord Genuity Group boosted their price target on Dollarama from C$138.00 to C$140.00 and gave the stock a "hold" rating in a report on Thursday, November 28th. Seven equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Dollarama currently has an average rating of "Moderate Buy" and a consensus target price of C$145.17.
Read Our Latest Stock Analysis on DOL
Dollarama Stock Up 1.0 %
The firm has a market capitalization of C$41.68 billion, a PE ratio of 38.42, a PEG ratio of 1.93 and a beta of 0.56. The company has a fifty day moving average price of C$140.05 and a 200-day moving average price of C$140.12. The company has a debt-to-equity ratio of 369.36, a quick ratio of 0.08 and a current ratio of 1.43.
Dollarama Announces Dividend
The business also recently announced 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 is currently 9.42%.
Insider Activity
In other news, Director Nicolas Hien sold 9,000 shares of the business'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 the business's 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 value of C$7,779,271.50. Corporate insiders own 2.23% of the company's stock.
Dollarama Company Profile
(
Get Free Report)
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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