Dye & Durham Limited (TSE:DND - Get Free Report)'s stock price reached a new 52-week low on Friday . The company traded as low as C$10.88 and last traded at C$11.09, with a volume of 61862 shares changing hands. The stock had previously closed at C$11.28.
Analyst Ratings Changes
DND has been the topic of a number of analyst reports. Cormark lowered Dye & Durham from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 14th. Scotiabank dropped their price objective on Dye & Durham from C$25.00 to C$20.00 in a report on Friday, February 14th. CIBC cut their target price on Dye & Durham from C$30.00 to C$25.00 in a research report on Friday, February 14th. BMO Capital Markets decreased their price target on shares of Dye & Durham from C$22.00 to C$20.00 in a research report on Friday, February 14th. Finally, Canaccord Genuity Group cut their price target on shares of Dye & Durham from C$27.50 to C$23.00 in a report on Friday, February 14th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$22.50.
Read Our Latest Stock Report on Dye & Durham
Dye & Durham Trading Down 1.1 %
The stock has a market cap of C$745.82 million, a P/E ratio of -4.37 and a beta of 2.09. The firm's 50 day simple moving average is C$13.23 and its two-hundred day simple moving average is C$16.01. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35.
Insiders Place Their Bets
In related news, insider Plantro Ltd. sold 15,000 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of C$12.00, for a total value of C$180,000.00. 25.60% of the stock is currently owned by corporate insiders.
About Dye & Durham
(
Get Free Report)
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.
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
