dentalcorp (TSE:DNTL) Sets New 1-Year High – Here’s Why

dentalcorp Holdings Ltd. (TSE:DNTL) shares reached a new 52-week high on Friday . The company traded as high as C$9.52 and last traded at C$9.48, with a volume of 10928 shares. The stock had previously closed at C$9.39.

Wall Street Analysts Forecast Growth

DNTL has been the subject of several recent research reports. Jefferies Financial Group boosted their target price on shares of dentalcorp from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. CIBC increased their target price on shares of dentalcorp from C$10.00 to C$11.50 in a research report on Friday, August 9th. Desjardins boosted their price target on dentalcorp from C$11.00 to C$11.75 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets boosted their target price on shares of dentalcorp from C$10.00 to C$11.00 in a research report on Friday, August 9th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$10.56.

dentalcorp Stock Up 1.0 %

The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.11. The stock has a market cap of C$1.71 billion, a P/E ratio of -25.38, a PEG ratio of -2.69 and a beta of 1.26. The firm’s 50-day moving average is C$8.45 and its two-hundred day moving average is C$7.77.

dentalcorp Company Profile

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.