Dye & Durham Limited (TSE:DND - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$21.64.
Several equities research analysts have recently commented on the stock. Cormark downgraded shares of Dye & Durham from a "moderate buy" rating to a "hold" rating in a research note on Friday, February 14th. Canaccord Genuity Group lowered their price target on Dye & Durham from C$27.50 to C$23.00 in a research report on Friday, February 14th. Scotiabank cut 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. CIBC reduced their price objective on Dye & Durham from C$25.00 to C$21.00 and set an "outperform" rating for the company in a research note on Wednesday, April 16th. Finally, BMO Capital Markets dropped their target price on Dye & Durham from C$22.00 to C$20.00 in a research report on Friday, February 14th.
Read Our Latest Stock Analysis on DND
Insider Buying and Selling
In other news, insider Plantro Ltd. purchased 89,400 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of C$12.48 per share, with a total value of C$1,115,667.30. 25.60% of the stock is owned by corporate insiders.
Dye & Durham Stock Performance
DND stock traded down C$0.04 during trading on Monday, reaching C$8.90. The company had a trading volume of 40,089 shares, compared to its average volume of 224,954. The company has a market cap of C$619.78 million, a price-to-earnings ratio of -3.63 and a beta of 2.09. Dye & Durham has a twelve month low of C$7.85 and a twelve month high of C$22.59. 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 firm has a 50-day simple moving average of C$10.73 and a 200-day simple moving average of C$14.97.
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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