dentalcorp (TSE:DNTL) Trading 0.3% Higher – What’s Next?

dentalcorp Holdings Ltd. (TSE:DNTL)’s stock price was up 0.3% during trading on Monday . The stock traded as high as C$7.88 and last traded at C$7.86. Approximately 45,777 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 152,597 shares. The stock had previously closed at C$7.84.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Jefferies Financial Group lifted their target price on shares of dentalcorp from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Stifel Nicolaus lifted their price objective on dentalcorp from C$11.50 to C$12.50 in a research note on Wednesday, November 13th. TD Securities set a C$12.00 price target on dentalcorp and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Desjardins set a C$12.00 price target on shares of dentalcorp and gave the stock a “buy” rating in a research note on Thursday, December 12th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, dentalcorp presently has an average rating of “Buy” and a consensus target price of C$11.03.

dentalcorp Stock Performance

The firm has a market capitalization of C$1.42 billion, a PE ratio of -21.24, a P/E/G ratio of -2.69 and a beta of 1.26. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.11 and a quick ratio of 1.04. The business has a 50-day simple moving average of C$8.74 and a 200-day simple moving average of C$8.49.

Insider Buying and Selling

In related news, Director Robert Thomas Wolf purchased 10,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were purchased at an average cost of C$8.20 per share, for a total transaction of C$82,000.00. 0.16% of the stock is currently owned by corporate insiders.

About dentalcorp

dentalcorp Holdings Ltd., through its subsidiaries, engages in the acquiring and partnering with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.