Nicolas Hien Sells 9,000 Shares of Dollarama Inc. (TSE:DOL) Stock

Dollarama Inc. (TSE:DOL) Director Nicolas Hien sold 9,000 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$139.60, for a total value of C$1,256,386.50.

Dollarama Stock Down 1.6 %

DOL stock opened at C$137.10 on Friday. The company has a debt-to-equity ratio of 391.24, a current ratio of 1.99 and a quick ratio of 0.08. Dollarama Inc. has a 12 month low of C$96.08 and a 12 month high of C$152.97. The firm has a market capitalization of C$38.63 billion, a PE ratio of 35.52, a P/E/G ratio of 1.93 and a beta of 0.56. The company’s 50 day simple moving average is C$143.42 and its 200-day simple moving average is C$137.19.

Dollarama Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, February 7th will be issued a $0.092 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.27%. Dollarama’s dividend payout ratio (DPR) is 9.59%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DOL shares. TD Securities raised their target price on shares of Dollarama from C$154.00 to C$160.00 in a research note on Thursday, December 5th. BMO Capital Markets lifted their price objective on Dollarama from C$147.00 to C$154.00 in a report on Friday, November 22nd. Desjardins raised their price target on Dollarama from C$147.00 to C$150.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus upped their price objective on Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. Finally, Royal Bank of Canada reduced their target price on Dollarama from C$160.00 to C$159.00 in a report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$145.17.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.