dentalcorp (TSE:DNTL) Stock Price Up 0.3% – Still a Buy?

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) rose 0.3% during mid-day trading on Monday . The stock traded as high as C$7.88 and last traded at C$7.86. 45,777 shares traded hands during trading, a decline of 70% from the average session volume of 152,597 shares. The stock had previously closed at C$7.84.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DNTL. Desjardins set a C$12.00 target price on dentalcorp and gave the stock a “buy” rating in a report on Thursday, December 12th. Stifel Nicolaus upped their price objective on dentalcorp from C$11.50 to C$12.50 in a research note on Wednesday, November 13th. TD Securities set a C$12.00 target price on dentalcorp and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, 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 report on Wednesday, October 16th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, dentalcorp presently has a consensus rating of “Buy” and an average target price of C$11.03.

dentalcorp Stock Up 0.3 %

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 capitalization of C$1.42 billion, a price-to-earnings ratio of -21.24, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. The company has a 50-day moving average of C$8.74 and a 200-day moving average of C$8.49.

Insider Activity

In other news, Director Robert Thomas Wolf bought 10,000 shares of dentalcorp stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average price of C$8.20 per share, for a total transaction of C$82,000.00. Corporate insiders own 0.16% of the company’s stock.

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.