dentalcorp (TSE:DNTL) Shares Up 31.8% – Still a Buy?

dentalcorp Holdings Ltd. (TSE:DNTL) shot 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 were traded during mid-day 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 Stock 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 price-to-earnings ratio of -47.43, a price-to-earnings-growth ratio of -2.69 and a beta of 1.38. The firm’s 50-day simple moving average is C$8.20 and its 200-day simple moving average is C$8.24.

dentalcorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Thursday, October 2nd will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.9%. dentalcorp’s dividend payout ratio is -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.