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

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

dentalcorp Price Performance

The company’s 50 day moving average price is C$8.20 and its 200-day moving average price is C$8.24. The company has a market cap of C$2.17 billion, a price-to-earnings ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19.

dentalcorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Thursday, October 2nd will be given 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 currently -21.74%.

About dentalcorp

(Get Free Report)

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.

Further Reading

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