mdf commerce - MDF Stock Forecast, Price & News

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.

Analyst Upgrades and Downgrades

MDF has been the subject of several research analyst reports. National Bankshares cut their price objective on mdf commerce from C$3.00 to C$2.00 and set a "sector perform" rating for the company in a research report on Thursday, July 21st. Laurentian reduced their price objective on mdf commerce from C$9.00 to C$6.50 in a research report on Tuesday, July 5th. Finally, BMO Capital Markets dropped their target price on shares of mdf commerce from C$4.00 to C$3.00 in a research report on Monday, July 4th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of C$8.50.

mdf commerce Price Performance

Shares of TSE:MDF traded up C$0.02 during midday trading on Monday, reaching C$1.60. The company's stock had a trading volume of 11,818 shares, compared to its average volume of 81,864. The business's fifty day simple moving average is C$2.30 and its 200-day simple moving average is C$3.02. The company has a debt-to-equity ratio of 18.66, a current ratio of 0.86 and a quick ratio of 0.52. mdf commerce has a fifty-two week low of C$1.51 and a fifty-two week high of C$9.00. The company has a market capitalization of C$70.35 million and a P/E ratio of -2.90.

mdf commerce (TSE:MDF - Get Rating) last issued its quarterly earnings data on Wednesday, June 29th. The company reported C($0.21) EPS 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 analysts' expectations of C$33.45 million. As a group, equities research analysts expect that mdf commerce will post -0.15 EPS for the current fiscal year.