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.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Laurentian lowered their price target on shares of mdf commerce from C$9.00 to C$6.50 in a report on Tuesday, July 5th. BMO Capital Markets decreased their price objective on shares of mdf commerce from C$4.00 to C$3.00 in a report on Monday, July 4th. Finally, National Bankshares decreased their price objective 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. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of C$8.50.

mdf commerce Stock Up 0.6 %

MDF Stock opened at C$1.68 on Friday. 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 52-week low of C$1.51 and a 52-week high of C$8.14. The company has a 50-day moving average of C$2.20 and a two-hundred day moving average of C$2.96. The stock has a market capitalization of C$73.87 million and a price-to-earnings ratio of -3.01.

mdf commerce (TSE:MDF - Get Rating) last released 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 business had revenue of C$29.95 million for the quarter, compared to the consensus estimate of C$33.45 million. As a group, equities research analysts anticipate that mdf commerce will post -0.15 EPS for the current year.