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Dye & Durham (TSE:DND) Reaches New 12-Month High - Should You Buy?

Dye & Durham logo with Computer and Technology background

Dye & Durham Limited (TSE:DND - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$17.23 and last traded at C$17.07, with a volume of 36518 shares. The stock had previously closed at C$16.48.

Wall Street Analyst Weigh In

DND has been the topic of a number of analyst reports. CIBC lifted their price objective on shares of Dye & Durham from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a report on Thursday, September 5th. Cormark lowered their target price on Dye & Durham from C$23.00 to C$17.50 in a research note on Monday, July 22nd.

View Our Latest Stock Analysis on DND

Dye & Durham Stock Up 2.4 %

The company has a market capitalization of C$1.13 billion, a P/E ratio of -5.73 and a beta of 2.09. 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 50 day moving average price of C$14.51 and a 200 day moving average price of C$13.92.

Dye & Durham (TSE:DND - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The company reported C$0.12 earnings per share (EPS) for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The business had revenue of C$120.12 million for the quarter, compared to analysts' expectations of C$119.81 million. Equities research analysts forecast that Dye & Durham Limited will post 0.1121051 earnings per share for the current fiscal year.

Dye & Durham Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 12th were paid a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Thursday, September 12th. 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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