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Forex

Dollarama Share Price Tumbles Below Key Moving Average

Instruments
CAD
Share

Dollarama's (OTCMKTS:DLMAF) share price crossed below its 200-day moving average on Friday, reaching as low as $128.37 before closing at $129.05. The stock has a 200-day moving average of $130.31.

The Canadian value retailer has received positive analyst ratings from Scotiabank, Ventum Financial, BMO Capital Markets, Royal Bank Of Canada, and Canadian Imperial Bank of Commerce, all issuing 'outperform' or 'strong-buy' ratings.

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