dentalcorp (TSE:DNTL) Trading Down 0.1% – Should You Sell?

dentalcorp Holdings Ltd. (TSE:DNTL)’s share price fell 0.1% during trading on Monday . The company traded as low as C$10.91 and last traded at C$10.93. 585,512 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 407,229 shares. The stock had previously closed at C$10.94.

Analysts Set New Price Targets

Several brokerages recently issued reports on DNTL. BMO Capital Markets lowered dentalcorp from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from C$12.00 to C$11.00 in a report on Monday, September 29th. TD Securities lowered their price target on dentalcorp from C$13.00 to C$11.00 and set a “sell” rating on the stock in a research report on Monday, September 29th. Royal Bank Of Canada lowered shares of dentalcorp from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$13.00 to C$11.00 in a research report on Monday, September 29th. CIBC downgraded shares of dentalcorp from an “outperform” rating to a “tender” rating and decreased their price target for the stock from C$13.00 to C$11.00 in a research note on Monday, September 29th. Finally, ATB Capital lowered dentalcorp from an “outperform” rating to a “tender” rating and decreased their price target for the company from C$12.00 to C$11.00 in a research note on Monday, September 29th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$11.55.

dentalcorp Stock Performance

The stock has a 50-day moving average of C$10.93 and a 200-day moving average of C$9.56. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The firm has a market cap of C$2.18 billion, a price-to-earnings ratio of -78.07, a price-to-earnings-growth ratio of -2.69 and a beta of 1.47.

dentalcorp Company Profile

Dentalcorp is Canada’s largest and one of North America’s fastest growing networks of dental practices, committed to advancing the overall well-being of Canadians by delivering the best clinical outcomes and unforgettable experiences. Dentalcorp acquires leading dental practices, uniting its network in a common goal: to be Canada’s most trusted healthcare network. Leveraging its industry-leading technology, know-how and scale, Dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth.