dentalcorp (TSE:DNTL) Trading Up 31.8% – What’s Next?

dentalcorp Holdings Ltd. (TSE:DNTL)’s share price 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 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 stock has a market cap of C$2.17 billion, a price-to-earnings ratio of -47.43, a P/E/G ratio of -2.69 and a beta of 1.38. The business has a fifty day moving average of C$8.20 and a 200 day moving average of C$8.24. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04.

dentalcorp Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 0.9%. dentalcorp’s dividend payout ratio is currently -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.