Shares of Dye & Durham Limited (TSE:DND - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$22.59 and last traded at C$22.32, with a volume of 372018 shares changing hands. The stock had previously closed at C$19.74.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on DND shares. BMO Capital Markets upped their price target on shares of Dye & Durham from C$18.00 to C$23.00 and gave the stock an "outperform" rating in a report on Wednesday, October 23rd. CIBC upped their target price on Dye & Durham from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a research note on Thursday, September 5th. Finally, Canaccord Genuity Group lifted their price target on Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$22.92.
Check Out Our Latest Report on Dye & Durham
Dye & Durham Stock Performance
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 firm has a market cap of C$1.47 billion, a P/E ratio of -7.51 and a beta of 2.09. The company's 50 day moving average is C$18.42 and its 200 day moving average is C$15.07.
Dye & Durham (TSE:DND - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported C($0.14) EPS for the quarter. Dye & Durham had a negative net margin of 38.23% and a negative return on equity of 42.91%. The firm had revenue of C$119.93 million during the quarter, compared to the consensus estimate of C$120.30 million. As a group, equities analysts predict that Dye & Durham Limited will post 0.1121051 earnings per share for the current fiscal year.
Dye & Durham Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a yield of 0.35%. The ex-dividend date was Thursday, November 14th. Dye & Durham's dividend payout ratio is currently -2.73%.
About Dye & Durham
(
Get Free Report)
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.
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