dentalcorp (TSE:DNTL) Trading Down 2.5%

dentalcorp Holdings Ltd. (TSE:DNTL)’s stock price was down 2.5% during mid-day trading on Wednesday . The company traded as low as C$6.34 and last traded at C$6.34. Approximately 403,844 shares traded hands during trading, an increase of 151% from the average daily volume of 161,103 shares. The stock had previously closed at C$6.50.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DNTL shares. CIBC reduced their price objective on dentalcorp from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. Desjardins raised their target price on dentalcorp from C$11.00 to C$11.50 and gave the stock a “buy” rating in a research note on Friday, February 16th. Finally, Scotiabank cut their target price on dentalcorp from C$8.50 to C$8.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, dentalcorp currently has an average rating of “Moderate Buy” and an average price target of C$10.72.

dentalcorp Stock Down 2.5 %

The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 78.04. The company’s fifty day simple moving average is C$6.74 and its 200 day simple moving average is C$6.46. The firm has a market capitalization of C$1.14 billion, a PE ratio of -13.78, a price-to-earnings-growth ratio of -2.69 and a beta of 1.39.

dentalcorp Company Profile

dentalcorp Holdings Ltd., through its subsidiaries, engages in the acquiring and partnering with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.