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 Analysts Forecast Growth
A number of equities analysts recently commented on MDF shares. BMO Capital Markets dropped their price target on mdf commerce from C$4.00 to C$3.00 in a research note on Monday, July 4th. Laurentian lowered their target price on mdf commerce from C$9.00 to C$6.50 in a research report on Tuesday, July 5th. Finally, National Bankshares reduced their price target on shares of mdf commerce from C$3.00 to C$2.00 and set a "sector perform" rating on the stock in a research report on Thursday, July 21st. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$8.50.
mdf commerce Stock Performance
TSE:MDF opened at C$1.92 on Wednesday. The company has a market cap of C$84.42 million and a P/E ratio of -3.43. The business's 50 day moving average price is C$2.15 and its 200-day moving average price is C$2.90. mdf commerce has a fifty-two week low of C$1.51 and a fifty-two week high of C$7.89. The company has a debt-to-equity ratio of 20.46, a quick ratio of 0.49 and a current ratio of 0.81.
mdf commerce (TSE:MDF - Get Rating) last posted its quarterly earnings data on Wednesday, June 29th. The company reported C($0.21) earnings per share for the quarter, missing analysts' consensus estimates of C($0.08) by C($0.13). The business had revenue of C$29.95 million for the quarter, compared to analyst estimates of C$33.45 million. Sell-side analysts predict that mdf commerce will post -0.15 earnings per share for the current year.