dentalcorp (TSE:DNTL) Shares Up 31.8% – Should You Buy?

dentalcorp Holdings Ltd. (TSE:DNTL) shares traded up 31.8% during mid-day trading on Saturday . The stock traded as high as C$10.95 and last traded at C$10.91. 6,520,779 shares changed hands during trading, an increase of 3,267% from the average session volume of 193,674 shares. The stock had previously closed at C$8.28.

dentalcorp Trading Up 31.8%

The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The company has a market capitalization of C$2.17 billion, a PE ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The stock has a fifty day moving average of C$8.20 and a 200 day moving average of C$8.24.

dentalcorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Thursday, October 2nd will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. dentalcorp’s dividend payout ratio (DPR) is presently -21.74%.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.