Dollarama Inc. (TSE:DOL - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$138.32 and traded as high as C$140.68. Dollarama shares last traded at C$137.53, with a volume of 945,995 shares.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Scotiabank upgraded shares of Dollarama to a "strong-buy" rating in a research note on Monday, January 20th. National Bankshares downgraded shares of Dollarama from an "outperform" rating to a "sector perform" rating in a research note on Thursday, December 5th. CIBC raised their price target on Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. BMO Capital Markets upped their price objective on Dollarama from C$147.00 to C$154.00 in a research note on Friday, November 22nd. Finally, Royal Bank of Canada lowered their target price on Dollarama from C$160.00 to C$159.00 in a research note on Thursday, December 5th. Seven 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 stock. According to data from MarketBeat, Dollarama has an average rating of "Moderate Buy" and an average target price of C$145.17.
Check Out Our Latest Report on DOL
Dollarama Stock Performance
The company has a current ratio of 1.99, a quick ratio of 0.08 and a debt-to-equity ratio of 391.24. The stock's 50 day moving average price is C$140.06 and its two-hundred day moving average price is C$138.52. The firm has a market capitalization of C$38.86 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.93 and a beta of 0.56.
Dollarama Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, February 7th will be issued a $0.092 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.37 dividend on an annualized basis and a yield of 0.27%. Dollarama's dividend payout ratio (DPR) is presently 9.59%.
Insider Transactions at Dollarama
In related news, Director Stephen Gunn sold 54,950 shares of Dollarama stock in a transaction that occurred 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 company's stock in a transaction that occurred 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. Corporate insiders own 2.23% of the company's stock.
Dollarama Company Profile
(
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Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
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