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

dentalcorp Holdings Ltd. (TSE:DNTL) shares were up 31.8% during trading on Saturday . The stock traded as high as C$10.95 and last traded at C$10.91. Approximately 6,520,779 shares changed hands during 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 has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72. The company has a market capitalization of C$2.17 billion, a P/E ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The company’s fifty day moving average price is C$8.20 and its 200 day moving average price is C$8.24.

dentalcorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Thursday, October 2nd will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend 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.