Dollarama (OTCMKTS:DLMAF) Shares Down 6.8% – What’s Next?

Dollarama Inc. (OTCMKTS:DLMAF)’s stock price traded down 6.8% on Tuesday . The company traded as low as $149.94 and last traded at $149.94. 110 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 37,284 shares. The stock had previously closed at $160.86.

Analyst Ratings Changes

DLMAF has been the subject of a number of recent analyst reports. National Bankshares reiterated an “outperform” rating on shares of Dollarama in a research note on Thursday, December 4th. CIBC restated an “outperform” rating on shares of Dollarama in a research note on Friday, December 12th. Sanford C. Bernstein started coverage on Dollarama in a research note on Wednesday, September 17th. They set an “outperform” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Dollarama in a report on Friday, November 28th. Finally, TD Securities reaffirmed a “buy” rating on shares of Dollarama in a report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Dollarama Stock Down 0.6%

The firm’s 50 day moving average is $139.92 and its 200-day moving average is $137.61.

Dollarama (OTCMKTS:DLMAF) last announced its quarterly earnings data on Thursday, December 11th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.05. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion.

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.