Dye & Durham (TSE:DND - Free Report) had its price objective trimmed by CIBC from C$30.00 to C$25.00 in a research report sent to investors on Friday morning,BayStreet.CA reports.
Several other research firms have also recently weighed in on DND. Canaccord Genuity Group increased their price target on Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. Canaccord Genuity Group lowered their target price on Dye & Durham from C$30.00 to C$27.50 and set a "buy" rating on the stock in a report on Wednesday, December 18th. Finally, BMO Capital Markets raised their target price on Dye & Durham from C$18.00 to C$23.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$22.50.
Read Our Latest Research Report on Dye & Durham
Dye & Durham Stock Performance
Shares of DND traded down C$0.65 during mid-day trading on Friday, hitting C$12.62. 301,548 shares of the company traded hands, compared to its average volume of 165,266. The stock has a market cap of C$878.83 million, a price-to-earnings ratio of -5.15 and a beta of 2.09. The stock has a 50-day moving average price of C$16.46 and a two-hundred day moving average price of C$16.20. 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 quick ratio of 1.98 and a current ratio of 0.32.
Insider Transactions at Dye & Durham
In other news, insider Plantro Ltd. sold 1,000,000 shares of the stock in a transaction on Thursday, December 19th. The shares were sold at an average price of C$19.15, for a total value of C$19,150,000.00. Also, Director Eric Shahinian acquired 12,300 shares of the firm's stock in a transaction dated Tuesday, December 31st. The shares were purchased at an average price of C$17.35 per share, for a total transaction of C$213,433.29. Corporate insiders own 25.60% of the company's stock.
About Dye & Durham
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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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