Dye & Durham Limited (TSE:DND - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$21.64.
A number of equities research analysts recently issued reports on the company. Cormark lowered Dye & Durham from a "moderate buy" rating to a "hold" rating in a research note on Friday, February 14th. Scotiabank reduced their price objective on Dye & Durham from C$20.00 to C$18.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Canaccord Genuity Group dropped their price target on Dye & Durham from C$27.50 to C$23.00 in a research report on Friday, February 14th. BMO Capital Markets decreased their price objective on Dye & Durham from C$22.00 to C$20.00 in a report on Friday, February 14th. Finally, CIBC dropped their target price on shares of Dye & Durham from C$25.00 to C$21.00 and set an "outperform" rating on the stock in a report on Wednesday, April 16th.
Check Out Our Latest Analysis on Dye & Durham
Dye & Durham Price Performance
Shares of Dye & Durham stock remained flat at C$8.81 during trading hours on Monday. 143,399 shares of the stock were exchanged, compared to its average volume of 225,282. The business's 50 day simple moving average is C$10.53 and its 200 day simple moving average is C$14.89. The company has a debt-to-equity ratio of 385.35, a quick ratio of 1.98 and a current ratio of 0.32. The stock has a market cap of C$613.51 million, a PE ratio of -3.60 and a beta of 2.09. Dye & Durham has a 12-month low of C$7.85 and a 12-month high of C$22.59.
Insider Activity
In related news, insider Plantro Ltd. sold 15,000 shares of Dye & Durham stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$12.00, for a total value of C$180,000.00. Company insiders own 25.60% of the company's stock.
About Dye & Durham
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Get Free ReportDye & 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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