dentalcorp (TSE:DNTL) Sets New 52-Week High – Time to Buy?

Shares of dentalcorp Holdings Ltd. (TSE:DNTL) reached a new 52-week high on Thursday . The company traded as high as C$10.02 and last traded at C$10.00, with a volume of 9866 shares trading hands. The stock had previously closed at C$9.88.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. BMO Capital Markets boosted their price objective on shares of dentalcorp from C$10.00 to C$11.00 in a research report on Friday, August 9th. Jefferies Financial Group boosted their target price on shares of dentalcorp from C$10.00 to C$11.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Desjardins boosted their target price on shares of dentalcorp from C$11.00 to C$11.75 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, CIBC boosted their target price on shares of dentalcorp from C$10.00 to C$11.50 in a research note on Friday, August 9th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$10.56.

dentalcorp Trading Up 1.0 %

The stock’s 50 day moving average is C$8.68 and its two-hundred day moving average is C$7.91. The company has a market capitalization of C$1.87 billion, a PE ratio of -27.92, a price-to-earnings-growth ratio of -2.69 and a beta of 1.26. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 78.72.

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.