dentalcorp (TSE:DNTL) Hits New 1-Year High at $8.05

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) reached a new 52-week high on Monday . The company traded as high as C$8.05 and last traded at C$8.02, with a volume of 59237 shares changing hands. The stock had previously closed at C$7.97.

Analysts Set New Price Targets

DNTL has been the topic of a number of recent research reports. BMO Capital Markets dropped their target price on dentalcorp from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a report on Monday, May 13th. Desjardins reduced their price objective on dentalcorp from C$11.50 to C$10.50 and set a “buy” rating for the company in a research note on Monday, May 13th. Scotiabank lowered their target price on dentalcorp from C$8.50 to C$8.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. Canaccord Genuity Group reduced their price target on shares of dentalcorp from C$10.50 to C$10.25 and set a “buy” rating for the company in a research report on Monday, May 13th. Finally, CIBC dropped their price target on dentalcorp from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Monday, March 25th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$10.03.

dentalcorp Price Performance

The company has a debt-to-equity ratio of 78.58, a quick ratio of 1.04 and a current ratio of 1.12. The stock has a market capitalization of C$1.43 billion, a P/E ratio of -23.44, a price-to-earnings-growth ratio of -2.69 and a beta of 1.38. The firm has a 50-day moving average price of C$6.71 and a 200 day moving average price of C$6.73.

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.