Dye & Durham Limited (TSE:DND) Director Eric Shahinian Purchases 12,300 Shares

Dye & Durham Limited (TSE:DND - Get Free Report) Director Eric Shahinian purchased 12,300 shares of the business's stock in a transaction on Tuesday, December 31st. The shares were bought at an average cost of C$17.35 per share, for a total transaction of C$213,433.29.

Dye & Durham Stock Performance

Shares of Dye & Durham stock traded up C$0.75 during trading hours on Tuesday, reaching C$17.58. The company's stock had a trading volume of 86,156 shares, compared to its average volume of 152,314. The stock has a market cap of C$1.18 billion, a P/E ratio of -6.00 and a beta of 2.09. Dye & Durham Limited has a one year low of C$10.92 and a one year high of C$22.59. The company's 50 day simple moving average is C$18.87 and its 200 day simple moving average is C$15.47. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00.

Dye & Durham (TSE:DND - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported C($0.14) earnings per share for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The company had revenue of C$119.93 million for the quarter, compared to analyst estimates of C$120.30 million. As a group, analysts expect that Dye & Durham Limited will post 0.1121051 EPS for the current fiscal year.

Dye & Durham Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Thursday, November 14th. Dye & Durham's dividend payout ratio is presently -2.73%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on DND shares. CIBC lifted their price objective on Dye & Durham from C$22.00 to C$30.00 and gave the company an "outperform" rating in a research note on Wednesday, December 18th. Canaccord Genuity Group reduced their price target on shares of Dye & Durham from C$30.00 to C$27.50 and set a "buy" rating on the stock in a research report on Wednesday, December 18th. BMO Capital Markets boosted their price objective on shares of Dye & Durham from C$18.00 to C$23.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Finally, Canaccord Genuity Group raised their target price on shares of Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$24.71.

Dye & Durham Company Profile

Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.