Dollarama (OTCMKTS:DLMAF) Shares Cross Above 50 Day Moving Average of $96.51

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $96.51 and traded as high as $100.15. Dollarama shares last traded at $100.15, with a volume of 448 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets increased their price target on shares of Dollarama from $124.00 to $133.00 and gave the company an “outperform” rating in a report on Monday, June 3rd. Stifel Nicolaus increased their price target on shares of Dollarama from $110.00 to $125.00 and gave the company a “hold” rating in a report on Thursday, June 13th.

View Our Latest Analysis on Dollarama

Dollarama Stock Up 1.1 %

The stock’s 50 day moving average is $96.51 and its 200 day moving average is $89.71.

Dollarama Company Profile

(Get Free Report)

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.

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