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 dated 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 Price Performance

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

Dollarama Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, February 7th will be given a dividend of $0.092 per share. This represents a $0.37 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend is Friday, January 10th. Dollarama’s payout ratio is currently 9.59%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. BMO Capital Markets boosted their price objective on Dollarama from C$147.00 to C$154.00 in a research report on Friday, November 22nd. Royal Bank of Canada dropped their price objective on shares of Dollarama from C$160.00 to C$159.00 in a research report on Thursday, December 5th. UBS Group set a C$147.00 price objective on shares of Dollarama and gave the stock a “neutral” rating in a research report on Friday, December 13th. CIBC increased their target price on Dollarama from C$138.00 to C$145.00 in a report on Thursday, December 5th. Finally, Stifel Nicolaus lifted their price target on Dollarama from C$136.00 to C$140.00 in a report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$145.17.

About Dollarama

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.