Shares of Dye & Durham Limited (TSE:DND - Get Free Report) have received an average rating of "Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$24.71.
DND has been the subject of several research analyst reports. CIBC lifted their price target on shares of 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 lifted their price objective on shares of Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. Canaccord Genuity Group cut their price objective on shares of 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 lifted their price objective on shares of Dye & Durham from C$18.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd.
Check Out Our Latest Report on Dye & Durham
Dye & Durham Trading Down 1.1 %
TSE DND traded down C$0.16 during trading on Thursday, hitting C$14.32. The stock had a trading volume of 125,024 shares, compared to its average volume of 157,625. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00. The stock has a market capitalization of C$958.15 million, a price-to-earnings ratio of -4.89 and a beta of 2.09. Dye & Durham has a one year low of C$10.92 and a one year high of C$22.59. The stock has a 50 day simple moving average of C$17.62 and a 200 day simple moving average of C$16.13.
Dye & Durham (TSE:DND - Get Free Report) last posted 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 net margin of 38.23% and a negative return on equity of 42.91%. The company had revenue of C$119.93 million for the quarter, compared to the consensus estimate of C$120.30 million. Sell-side analysts predict that Dye & Durham will post 0.1121051 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Eric Shahinian acquired 12,300 shares of the company's stock in a transaction dated Tuesday, December 31st. The shares were purchased at an average cost of C$17.35 per share, with a total value of C$213,433.29. Also, insider Plantro Ltd. sold 1,778,900 shares of the business's stock in a transaction on 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. Corporate insiders own 25.60% of the company's stock.
Dye & Durham Company Profile
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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.
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