Dye & Durham Limited (TSE:DND) Receives C$18.17 Consensus PT from Brokerages

Dye & Durham Limited (TSE:DND - Get Free Report) has received an average recommendation of "Buy" from the five research firms that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a buy rating. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$17.71.

Several equities research analysts have recently commented on the company. Canaccord Genuity Group reduced their target price on Dye & Durham from C$16.00 to C$14.50 and set a "buy" rating for the company in a report on Wednesday, July 9th. Raymond James Financial dropped their price target on shares of Dye & Durham from C$17.00 to C$15.00 and set an "outperform" rating on the stock in a research note on Wednesday. CIBC lowered their price target on Dye & Durham from C$21.00 to C$17.00 and set an "outperform" rating for the company in a research note on Thursday, May 22nd. Cormark upgraded shares of Dye & Durham from a "hold" rating to a "moderate buy" rating in a report on Tuesday, June 3rd. Finally, BMO Capital Markets lowered their price objective on Dye & Durham from C$20.00 to C$16.00 and set an "outperform" rating on the stock in a report on Thursday, May 22nd.

Dye & Durham Price Performance

Shares of Dye & Durham stock traded up C$0.10 during trading on Wednesday, hitting C$9.36. The stock had a trading volume of 86,887 shares, compared to its average volume of 236,953. The company has a debt-to-equity ratio of 385.35, a current ratio of 0.32 and a quick ratio of 1.98. The business has a fifty day moving average of C$9.80 and a two-hundred day moving average of C$11.56. Dye & Durham has a fifty-two week low of C$7.85 and a fifty-two week high of C$22.59. The firm has a market cap of C$651.81 million, a P/E ratio of -3.82 and a beta of 2.09.

Insider Buying and Selling at Dye & Durham

In other Dye & Durham news, Senior Officer Avjit Kamboj acquired 10,681 shares of Dye & Durham stock in a transaction dated Monday, June 23rd. The stock was bought at an average cost of C$9.36 per share, with a total value of C$99,974.16. Also, insider Plantro Ltd. sold 350,000 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$10.29, for a total transaction of C$3,599,750.00. In the last 90 days, insiders bought 247,681 shares of company stock worth $2,428,784. 25.60% of the stock is currently owned by corporate insiders.

About Dye & Durham

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.