Dollarama (OTCMKTS:DLMAF) Shares Gap Down – Here’s What Happened

Dollarama Inc. (OTCMKTS:DLMAF) shares gapped down before the market opened on Friday . The stock had previously closed at $139.13, but opened at $131.90. Dollarama shares last traded at $131.90, with a volume of 395 shares.

Analyst Ratings Changes

DLMAF has been the topic of a number of analyst reports. Zacks Research upgraded shares of Dollarama to a “hold” rating in a report on Monday. TD Securities reissued a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Scotiabank reissued an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Royal Bank Of Canada raised Dollarama to a “moderate buy” rating in a research report on Monday. Finally, National Bank Financial reiterated an “outperform” rating on shares of Dollarama in a report on Thursday, December 4th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Dollarama Price Performance

The firm’s 50 day moving average price is $141.73 and its two-hundred day moving average price is $139.10. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.09 and a quick ratio of 0.23. The stock has a market cap of $36.13 billion and a PE ratio of 157.58.

About Dollarama

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.