Dye & Durham Limited (TSE:DND - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as C$19.65 and last traded at C$19.62, with a volume of 28404 shares traded. The stock had previously closed at C$19.49.
Analyst Ratings Changes
DND has been the topic of a number of research reports. BMO Capital Markets increased their price objective on Dye & Durham from C$18.00 to C$23.00 and gave the stock an "outperform" rating in a report on Wednesday, October 23rd. Cormark lowered their target price on shares of Dye & Durham from C$23.00 to C$17.50 in a research note on Monday, July 22nd. Finally, CIBC lifted their price objective on Dye & Durham from C$21.00 to C$22.00 and gave the company an "outperform" rating in a report on Thursday, September 5th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$22.08.
View Our Latest Report on Dye & Durham
Dye & Durham Stock Performance
The stock has a fifty day simple moving average of C$15.56 and a two-hundred day simple moving average of C$14.09. The stock has a market cap of C$1.30 billion, a price-to-earnings ratio of -6.63 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.
Dye & Durham (TSE:DND - Get Free Report) last announced its quarterly earnings results on Wednesday, September 4th. The company reported C$0.12 EPS for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The company had revenue of C$120.12 million during the quarter, compared to analysts' expectations of C$119.81 million. Analysts expect that Dye & Durham Limited will post 0.1121051 EPS for the current fiscal year.
Dye & Durham Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 12th were paid a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Thursday, September 12th. Dye & Durham's dividend payout ratio is currently -2.73%.
Dye & Durham Company Profile
(
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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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