Dye & Durham (TSE:DND - Get Free Report) had its price target decreased by analysts at Scotiabank from C$25.00 to C$20.00 in a research note issued to investors on Friday,BayStreet.CA reports. Scotiabank's target price would suggest a potential upside of 58.48% from the stock's previous close.
DND has been the subject of a number of other research reports. Canaccord Genuity Group increased their price target on shares of Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. BMO Capital Markets raised their price objective on Dye & Durham from C$18.00 to C$23.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. CIBC cut their target price on Dye & Durham from C$30.00 to C$25.00 in a research report on Friday. Finally, Canaccord Genuity Group lowered their price target on Dye & Durham from C$30.00 to C$27.50 and set a "buy" rating for the company in a research report on Wednesday, December 18th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$22.50.
Get Our Latest Analysis on DND
Dye & Durham Price Performance
DND stock traded down C$0.65 during trading on Friday, hitting C$12.62. 301,548 shares of the company's stock traded hands, compared to its average volume of 165,266. Dye & Durham has a 52 week low of C$10.92 and a 52 week high of C$22.59. The stock has a market capitalization of C$878.83 million, a price-to-earnings ratio of -5.15 and a beta of 2.09. The business has a fifty day simple moving average of C$16.46 and a 200 day simple moving average of C$16.20. The company has a debt-to-equity ratio of 385.35, a quick ratio of 1.98 and a current ratio of 0.32.
Insider Activity
In related news, Director Eric Shahinian acquired 12,300 shares of the firm's stock in a transaction that occurred on Tuesday, December 31st. The stock was bought 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 the company's stock in a transaction dated 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. Insiders own 25.60% of the company's stock.
Dye & Durham Company Profile
(
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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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