Dye & Durham Limited (TSE:DND - Get Free Report)'s stock price rose 11.8% on Monday . The company traded as high as C$13.14 and last traded at C$13.14. Approximately 120,816 shares traded hands during trading, a decline of 34% from the average daily volume of 184,268 shares. The stock had previously closed at C$11.75.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. BMO Capital Markets decreased their target price on shares of Dye & Durham from C$22.00 to C$20.00 in a research note on Friday, February 14th. Scotiabank dropped their target price on Dye & Durham from C$25.00 to C$20.00 in a report on Friday, February 14th. CIBC lowered their price objective on shares of Dye & Durham from C$30.00 to C$25.00 in a research report on Friday, February 14th. Canaccord Genuity Group cut their price objective on shares of Dye & Durham from C$27.50 to C$23.00 in a research report on Friday, February 14th. Finally, Canaccord Genuity Group raised their price target on Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$22.50.
Read Our Latest Report on DND
Dye & Durham Stock Down 2.2 %
The firm's fifty day simple moving average is C$15.56 and its 200-day simple moving average is C$16.17. The company has a market cap of C$887.18 million, a PE ratio of -5.20 and a beta of 2.09. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35.
Insider Buying and Selling at Dye & Durham
In other news, Director Eric Shahinian bought 12,300 shares of the firm's stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average price of C$17.35 per share, for a total transaction of C$213,433.29. Also, insider Plantro Ltd. sold 1,000,000 shares of Dye & Durham stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$19.15, for a total transaction of C$19,150,000.00. 25.60% of the stock is owned by 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.
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