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

dentalcorp Holdings Ltd. (TSE:DNTL) reached a new 52-week high during trading on Tuesday . The company traded as high as C$8.67 and last traded at C$8.65, with a volume of 36070 shares trading hands. The stock had previously closed at C$8.48.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on DNTL shares. CIBC boosted their target price on shares of dentalcorp from C$10.00 to C$11.50 in a report on Friday, August 9th. BMO Capital Markets lifted their target price on dentalcorp from C$10.00 to C$11.00 in a report on Friday, August 9th. Finally, Desjardins upped their price target on dentalcorp from C$10.50 to C$11.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$10.36.

dentalcorp Stock Performance

The stock has a 50 day simple moving average of C$8.15 and a 200 day simple moving average of C$7.55. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 78.72. The company has a market cap of C$1.59 billion, a price-to-earnings ratio of -22.92, a PEG ratio of -2.69 and a beta of 1.26.

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.