mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, China, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include strategic sourcing, ecommerce, supply chain collaboration, and emarketplace. The company was formerly known as Mediagrif Interactive Technologies Inc. and changed its name to mdf commerce inc. in September 2020. mdf commerce inc. was incorporated in 1996 and is headquartered in Longueuil, Canada.
Wall Street Analyst Weigh In
MDF has been the subject of several research analyst reports. Laurentian lowered their target price on shares of mdf commerce from C$9.00 to C$6.50 in a report on Tuesday, July 5th. National Bankshares lowered their target price on shares of mdf commerce from C$3.00 to C$2.00 and set a "sector perform" rating for the company in a report on Thursday, July 21st. Finally, BMO Capital Markets decreased their price target on shares of mdf commerce from C$4.00 to C$3.00 in a research note on Monday, July 4th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of C$8.50.
mdf commerce Price Performance
Shares of MDF traded up C$0.05 during trading hours on Monday, reaching C$1.94. The company had a trading volume of 72,110 shares, compared to its average volume of 91,121. The firm has a 50 day simple moving average of C$2.19 and a 200-day simple moving average of C$2.92. The company has a current ratio of 0.81, a quick ratio of 0.49 and a debt-to-equity ratio of 20.46. The company has a market capitalization of C$85.30 million and a price-to-earnings ratio of -3.47. mdf commerce has a 12-month low of C$1.51 and a 12-month high of C$8.00.
mdf commerce (TSE:MDF - Get Rating) last announced its quarterly earnings results on Wednesday, June 29th. The company reported C($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.08) by C($0.13). The firm had revenue of C$29.95 million for the quarter, compared to analyst estimates of C$33.45 million. Research analysts expect that mdf commerce will post -0.15 earnings per share for the current year.