mdf commerce (TSE:MDF) Share Price Crosses Above Two Hundred Day Moving Average of $4.30

mdf commerce inc. (TSE:MDF) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.30 and traded as high as C$5.75. mdf commerce shares last traded at C$5.74, with a volume of 13,989 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, National Bankshares decreased their price target on mdf commerce from C$4.50 to C$4.00 and set a “sector perform” rating for the company in a research note on Thursday, February 15th.

mdf commerce Stock Performance

The stock has a market cap of C$252.39 million, a P/E ratio of -17.94, a P/E/G ratio of -0.30 and a beta of 1.52. The firm has a 50 day moving average of C$4.78 and a two-hundred day moving average of C$4.30. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.52 and a current ratio of 0.71.

mdf commerce (TSE:MDF) last posted its quarterly earnings data on Tuesday, February 13th. The company reported C($0.10) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.05). The business had revenue of C$30.19 million during the quarter, compared to the consensus estimate of C$31.15 million. mdf commerce had a negative net margin of 11.43% and a negative return on equity of 5.70%. On average, research analysts predict that mdf commerce inc. will post 0.023 EPS for the current fiscal year.

mdf commerce Company Profile

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include ecommerce, eprocurement, and emarketplace.