dentalcorp (TSE:DNTL) Stock Price Up 31.8% – Still a Buy?

dentalcorp Holdings Ltd. (TSE:DNTL)’s stock price was up 31.8% during mid-day trading on Friday . The company traded as high as C$10.95 and last traded at C$10.91. Approximately 6,520,779 shares changed hands during trading, an increase of 3,267% from the average daily volume of 193,674 shares. The stock had previously closed at C$8.28.

dentalcorp Stock Up 31.8%

The firm has a market capitalization of C$2.17 billion, a PE ratio of -47.43, a PEG ratio of -2.69 and a beta of 1.38. The business’s fifty day moving average price is C$8.20 and its 200 day moving average price is C$8.23. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 78.72.

dentalcorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Thursday, October 2nd will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.9%. dentalcorp’s dividend payout ratio is currently -21.74%.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.