Dollarama Inc. (TSE:DOL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-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 traded.
Wall Street Analyst Weigh In
A number of research firms recently commented on DOL. CIBC boosted their target price on Dollarama from C$138.00 to C$145.00 in a research report on Thursday, December 5th. BMO Capital Markets boosted their target price on Dollarama from C$147.00 to C$154.00 in a research report on Friday, November 22nd. National Bankshares downgraded Dollarama from an "outperform" rating to a "sector perform" rating in a research report on Thursday, December 5th. Stifel Nicolaus upped their price objective on Dollarama from C$136.00 to C$140.00 in a research report on Thursday, December 5th. Finally, UBS Group set a C$147.00 price objective on Dollarama and gave the company a "neutral" rating in a research report on Friday, December 13th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$145.17.
Get Our Latest Research Report on Dollarama
Dollarama Stock Performance
The company has a market cap of C$39.59 billion, a P/E ratio of 36.49, a PEG ratio of 1.93 and a beta of 0.56. The firm has a 50 day moving average of C$139.35 and a 200-day moving average of C$139.41. The company has a quick ratio of 0.08, a current ratio of 1.43 and a debt-to-equity ratio of 369.36.
Dollarama Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, February 7th were paid a $0.092 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.37 annualized dividend and a yield of 0.26%. Dollarama's dividend payout ratio (DPR) is currently 9.42%.
Insiders Place Their Bets
In other news, Director Stephen Gunn sold 54,950 shares of the stock in a transaction on Thursday, December 12th. The stock was 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 shares were sold at an average price of C$139.60, for a total value of C$1,256,386.50. 2.23% of the stock is owned by company insiders.
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.
Further Reading
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