Dye & Durham Limited (TSE:DND - Get Free Report)'s stock price traded up 12.1% during trading on Monday . The stock traded as high as C$11.73 and last traded at C$11.69. 442,375 shares traded hands during trading, an increase of 95% from the average session volume of 227,248 shares. The stock had previously closed at C$10.43.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. BMO Capital Markets lowered their price objective on shares of 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. Cormark raised shares of Dye & Durham from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, June 3rd. Canaccord Genuity Group decreased their price target on shares of Dye & Durham from C$16.00 to C$14.50 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Raymond James Financial decreased their price target on shares of Dye & Durham from C$17.00 to C$15.00 and set an "outperform" rating for the company in a research note on Wednesday, July 16th. Finally, CIBC decreased their price target on shares of Dye & Durham from C$17.00 to C$16.00 in a research note on Monday, July 21st. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Dye & Durham presently has an average rating of "Buy" and a consensus target price of C$17.92.
Check Out Our Latest Stock Report on Dye & Durham
Dye & Durham Trading Up 12.1%
The company has a market capitalization of C$785.57 million, a P/E ratio of -4.79 and a beta of 2.40. The stock's 50 day moving average is C$10.13 and its 200-day moving average is C$10.30. The company has a debt-to-equity ratio of 385.35, a current ratio of 0.32 and a quick ratio of 1.98.
Insiders Place Their Bets
In other Dye & Durham news, Senior Officer Avjit Kamboj acquired 10,681 shares of the business's stock in a transaction on Monday, June 23rd. The shares were acquired at an average price of C$9.36 per share, for a total transaction of C$99,974.16. Company insiders own 25.60% of the company's stock.
About Dye & Durham
(
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.
Further Reading
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