DealNet Capital (DLS) Sets New 1-Year Low Following Analyst Downgrade

DealNet Capital Corp (CVE:DLS) reached a new 52-week low during trading on Monday after Canaccord Genuity lowered their price target on the stock from C$0.40 to C$0.25. The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 678329 shares changing hands. The stock had previously closed at C$0.10.

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About DealNet Capital

DealNet Capital Corp. is a specialty finance company. The Company is focused on the origination and servicing of consumer loans and leases within the Canadian home improvement sector. The Company operates through three segments: Live Engagement, Mobile Engagement services and Consumer Financing. The Live Engagement segment operates in Canada and the United States providing outsourced services, such as inbound customer service programs, outbound customer acquisition services, data entry and transcription services, and back office services.

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