dentalcorp (TSE:DNTL) Trading Down 8.8% – Time to Sell?

dentalcorp Holdings Ltd. (TSE:DNTL) shares were down 8.8% on Tuesday . The stock traded as low as C$8.95 and last traded at C$9.12. Approximately 40,461 shares traded hands during trading, a decline of 79% from the average daily volume of 193,223 shares. The stock had previously closed at C$10.00.

Analyst Ratings Changes

Several equities analysts recently issued reports on DNTL shares. Desjardins upped their price objective on dentalcorp from C$11.00 to C$11.75 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group upped their price target on dentalcorp from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. CIBC lifted their price objective on dentalcorp from C$10.00 to C$11.50 in a report on Friday, August 9th. Stifel Nicolaus upped their target price on shares of dentalcorp from C$11.50 to C$12.50 in a research note on Wednesday, November 13th. Finally, TD Securities raised their price target on shares of dentalcorp from C$11.00 to C$12.00 in a report on Wednesday, November 13th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$11.00.

dentalcorp Trading Down 10.9 %

The firm has a market capitalization of C$1.61 billion, a P/E ratio of -24.65, a P/E/G ratio of -2.69 and a beta of 1.26. 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 stock has a 50 day simple moving average of C$8.93 and a 200-day simple moving average of C$8.06.

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.