Dollarama Inc. (DOL:CA) Rises 5.14% for January 08

Dollarama Inc. (DOL:CA) Rises 5.14% for January 08

January 08 was a positive day for Dollarama Inc. (DOL:CA) as its stock finished the day having gained 5.14% to hit a price of $34.59 a share. The company reached a market cap of 11.07 billion and has 319.95 million shares outstanding. Dollarama Inc. is a component of the the S&P/TSX Composite Index.

1.47 million shares changed hands over the course of the day as compared to an average volume of 1.33 million over the last 30 days for Dollarama Inc.

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.. The company makes its home in Montreal, QC, and is currently under the leadership of CEO Neil Rossy.

Dollarama Inc. has hit a high of $56.67 and reached a low of $30.70 over its last year of trading. The stock’s 50-day SMA is now $34.63 and 200-day SMA is $44.62. As for its price valuations, the P/E ratio is at 19.4 and P/B is now -50.87.

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