dentalcorp (TSE:DNTL) Hits New 12-Month High – What’s Next?

dentalcorp Holdings Ltd. (TSE:DNTL)’s stock price reached a new 52-week high on Thursday . The stock traded as high as C$10.02 and last traded at C$10.00, with a volume of 9866 shares. The stock had previously closed at C$9.88.

Analyst Ratings Changes

A number of brokerages have commented on DNTL. BMO Capital Markets upped their price objective on dentalcorp from C$10.00 to C$11.00 in a report on Friday, August 9th. Jefferies Financial Group raised their price objective on dentalcorp from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Desjardins raised their price target on shares of dentalcorp from C$11.00 to C$11.75 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, CIBC raised their price target on shares of dentalcorp from C$10.00 to C$11.50 in a research report on Friday, August 9th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$10.56.

dentalcorp Trading Up 3.3 %

The stock’s 50 day moving average is C$8.58 and its 200-day moving average is C$7.86. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 78.72. The company has a market cap of C$1.84 billion, a P/E ratio of -26.70, a PEG ratio of -2.69 and a beta of 1.26.

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.