Free Trial

Dye & Durham (TSE:DND) Upgraded by Cormark to Moderate Buy Rating

Dye & Durham logo with Computer and Technology background

Dye & Durham (TSE:DND - Get Free Report) was upgraded by Cormark from a "hold" rating to a "moderate buy" rating in a report issued on Tuesday,Zacks.com reports.

DND has been the subject of several other reports. CIBC reduced their price objective 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. BMO Capital Markets reduced their price objective on Dye & Durham from C$20.00 to C$16.00 and set an "outperform" rating for the company in a research note on Thursday, May 22nd. Scotiabank dropped their target price on Dye & Durham from C$18.00 to C$14.00 and set an "outperform" rating on the stock in a report on Thursday, May 22nd. Finally, Canaccord Genuity Group reduced their price target on Dye & Durham from C$19.00 to C$16.00 and set a "buy" rating for the company in a research report on Thursday, May 22nd. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Dye & Durham presently has a consensus rating of "Buy" and a consensus price target of C$18.42.

Get Our Latest Stock Report on Dye & Durham

Dye & Durham Stock Performance

Shares of TSE:DND traded down C$0.27 during trading on Tuesday, hitting C$10.23. The stock had a trading volume of 277,718 shares, compared to its average volume of 254,905. Dye & Durham has a 12-month low of C$7.85 and a 12-month high of C$22.59. The stock has a market capitalization of C$712.39 million, a price-to-earnings ratio of -4.18 and a beta of 2.09. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35. The stock has a 50-day simple moving average of C$9.24 and a two-hundred day simple moving average of C$13.49.

Insider Activity at Dye & Durham

In other Dye & Durham news, insider Plantro Ltd. acquired 125,000 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were bought at an average cost of C$9.50 per share, with a total value of C$1,186,975.00. Over the last ninety days, insiders purchased 236,600 shares of company stock worth $2,325,082. 25.60% of the stock is owned by corporate insiders.

Dye & Durham Company Profile

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Dye & Durham Right Now?

Before you consider Dye & Durham, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dye & Durham wasn't on the list.

While Dye & Durham currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines