Dollarama (OTCMKTS:DLMAF) Hits New 1-Year High – Here’s What Happened

Dollarama Inc. (OTCMKTS:DLMAFGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $160.86 and last traded at $160.86, with a volume of 691 shares changing hands. The stock had previously closed at $150.30.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DLMAF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday, November 28th. Scotiabank restated an “outperform” rating on shares of Dollarama in a research report on Friday, December 12th. National Bankshares reaffirmed an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. TD Securities reiterated a “buy” rating on shares of Dollarama in a research report on Friday, December 12th. Finally, Sanford C. Bernstein started coverage on Dollarama in a report on Wednesday, September 17th. They issued an “outperform” rating for the company. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Dollarama has an average rating of “Buy”.

Read Our Latest Report on Dollarama

Dollarama Stock Performance

The company has a fifty day simple moving average of $138.91 and a 200-day simple moving average of $137.31.

Dollarama (OTCMKTS:DLMAFGet Free Report) last released its quarterly earnings results on Thursday, December 11th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.05. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion.

About Dollarama

(Get Free Report)

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.

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