Dye & Durham Limited (TSE:DND) Given Consensus Rating of "Moderate Buy" by Brokerages

Dye & Durham Limited (TSE:DND - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$22.50.

Several analysts have issued reports on the company. BMO Capital Markets cut their price objective on Dye & Durham from C$22.00 to C$20.00 in a report on Friday, February 14th. Cormark downgraded Dye & Durham from a "moderate buy" rating to a "hold" rating in a report on Friday, February 14th. Canaccord Genuity Group cut their price objective on Dye & Durham from C$27.50 to C$23.00 in a report on Friday, February 14th. Canaccord Genuity Group upped their target price on Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. Finally, Scotiabank dropped their target price on Dye & Durham from C$25.00 to C$20.00 in a report on Friday, February 14th.

Dye & Durham Trading Down 0.2 %

TSE DND traded down C$0.02 on Monday, hitting C$13.14. 98,516 shares of the company were exchanged, compared to its average volume of 230,710. The company's 50 day moving average price is C$15.02 and its 200-day moving average price is C$16.16. 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 firm has a market capitalization of C$915.04 million, a P/E ratio of -5.36 and a beta of 2.09. Dye & Durham has a twelve month low of C$10.92 and a twelve month high of C$22.59.

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Insider Activity at Dye & Durham

In other news, Director Eric Shahinian purchased 12,300 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average price of C$17.35 per share, with a total value of C$213,433.29. Also, insider Plantro Ltd. sold 1,000,000 shares of the business's stock in a transaction that occurred 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. 25.60% of the stock is currently owned by company insiders.

About Dye & Durham

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.