Recommendation: Speculative Buy
| Entry Date | Symbol | Recommendation | Entry Price (CAD) | Target 1 (CAD) | Target 2 (CAD) | Holding Duration | Potential Upside |
|---|---|---|---|---|---|---|---|
| 4 Jun, 24 | DNTL | Speculative Buy | CAD 6.874 | CAD 7.85 | CAD 8.14 | 14 days | 18.4% |
Data Powered by EOD Historical Data (“EODHD”).
dentalcorp Holdings Ltd., through its subsidiaries, acquires and partners with dental practices to provide health care services in Canada. The company was formerly known as Dentalcorp Overbite Ltd. dentalcorp Holdings Ltd. was founded in 2011 and is headquartered in Toronto, Canada.
| Entry Price | Support* | Target 1 | Target 2 |
|---|---|---|---|
| 6.874 | 6.1 | 7.85 | 8.14 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Healthcare Industry: Medical Care Facilities
| Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| DNTL dentalcorp Holdings Ltd |
- -% | 8.43 | - | 16.72 | 0.92 | 0.73 | 1.84 | 12.30 |
| WELL WELL Health Technologies Corp |
-0.06 1.36% | 4.35 | - | 16.67 | 1.46 | 1.38 | 1.97 | 15.06 |
| SIA Sienna Senior Living Inc |
0.25 1.54% | 16.47 | - | 45.25 | 1.17 | 2.28 | 2.42 | 20.48 |
| EXE Extendicare Inc |
-0.08 0.86% | 9.25 | 34.10 | 22.37 | 0.47 | 6.25 | 0.66 | 11.11 |
| DR Medical Facilities Corporation |
- -% | 14.01 | 30.07 | 11.61 | 0.51 | 2.15 | 0.82 | 5.32 |
Data Powered by EOD Historical Data (“EODHD”).
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
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