Dye & Durham (TSE:DND - Get Free Report) had its price target cut by equities researchers at Canaccord Genuity Group from C$27.50 to C$23.00 in a report issued on Friday,BayStreet.CA reports. Canaccord Genuity Group's price target would suggest a potential upside of 82.25% from the company's current price.
Other equities analysts have also issued research reports about the company. BMO Capital Markets cut their price target on Dye & Durham from C$22.00 to C$20.00 in a research note on Friday. Scotiabank dropped their price objective on Dye & Durham from C$25.00 to C$20.00 in a report on Friday. Canaccord Genuity Group upped their target price on Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. Finally, CIBC dropped their price target on shares of Dye & Durham from C$30.00 to C$25.00 in a research note on Friday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$22.50.
View Our Latest Analysis on Dye & Durham
Dye & Durham Stock Performance
DND stock traded down C$0.65 during midday trading on Friday, hitting C$12.62. 301,548 shares of the stock traded hands, compared to its average volume of 165,266. Dye & Durham has a 1-year low of C$10.92 and a 1-year high of C$22.59. The company has a debt-to-equity ratio of 385.35, a current ratio of 0.32 and a quick ratio of 1.98. The stock's fifty day simple moving average is C$16.46 and its 200-day simple moving average is C$16.20. The firm has a market cap of C$878.83 million, a P/E ratio of -5.15 and a beta of 2.09.
Insider Buying and Selling at Dye & Durham
In related news, insider Plantro Ltd. sold 1,778,900 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of C$15.16, for a total value of C$26,967,768.22. Also, Director Eric Shahinian acquired 12,300 shares of the firm's stock in a transaction on Tuesday, December 31st. The stock was purchased at an average price of C$17.35 per share, for a total transaction of C$213,433.29. Insiders own 25.60% of the company's stock.
Dye & Durham Company Profile
(
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Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.
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