Dye & Durham Limited (TSE:DND) Receives Average Rating of “Moderate Buy” from Analysts

Dye & Durham Limited (TSE:DND) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$13.50.

DND has been the subject of several research analyst reports. BMO Capital Markets downgraded Dye & Durham from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. CIBC decreased their price target on shares of Dye & Durham from C$8.50 to C$4.50 in a report on Monday, December 15th.

Dye & Durham Stock Performance

Shares of DND stock opened at C$4.17 on Friday. The stock’s fifty day moving average price is C$3.94 and its two-hundred day moving average price is C$6.62. The company has a market cap of C$280.10 million, a PE ratio of -1.71 and a beta of 3.09. Dye & Durham has a fifty-two week low of C$2.63 and a fifty-two week high of C$21.93. The company has a debt-to-equity ratio of 385.35, a quick ratio of 1.98 and a current ratio of 0.32.

Dye & Durham (TSE:DND) last posted its quarterly earnings results on Saturday, January 31st. The company reported C($0.58) EPS for the quarter. Dye & Durham had a negative return on equity of 40.98% and a negative net margin of 37.25%.The business had revenue of C$91.78 million for the quarter. Equities analysts predict that Dye & Durham will post 0.1121051 EPS for the current fiscal year.

About Dye & Durham

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.