Dye & Durham Limited (TSE:DND - Get Free Report) has earned an average rating of "Moderate Buy" from the six research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$22.50.
A number of equities research analysts have recently weighed in on the company. Scotiabank cut their price target on Dye & Durham from C$25.00 to C$20.00 in a report on Friday, February 14th. Cormark cut Dye & Durham from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 14th. BMO Capital Markets reduced their price target on Dye & Durham from C$22.00 to C$20.00 in a research report on Friday, February 14th. Canaccord Genuity Group decreased their price target on Dye & Durham from C$27.50 to C$23.00 in a research note on Friday, February 14th. Finally, CIBC cut their price objective on shares of Dye & Durham from C$30.00 to C$25.00 in a research note on Friday, February 14th.
Check Out Our Latest Stock Analysis on DND
Insider Transactions at Dye & Durham
In other news, insider Plantro Ltd. sold 1,778,900 shares of the firm's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of C$15.16, for a total transaction of C$26,967,768.22. Company insiders own 25.60% of the company's stock.
Dye & Durham Stock Performance
TSE:DND traded down C$0.12 during mid-day trading on Friday, hitting C$10.71. The stock had a trading volume of 116,436 shares, compared to its average volume of 212,967. The company has a current ratio of 0.32, a quick ratio of 1.98 and a debt-to-equity ratio of 385.35. The company has a 50 day simple moving average of C$13.23 and a 200-day simple moving average of C$16.01. The stock has a market capitalization of C$745.82 million, a price-to-earnings ratio of -4.37 and a beta of 2.09. Dye & Durham has a 52 week low of C$10.62 and a 52 week high of C$22.59.
Dye & Durham Company Profile
(
Get Free ReportDye & 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.
See Also
Before you consider Dye & Durham, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dye & Durham wasn't on the list.
While Dye & Durham currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
