mdf commerce (TSE:MDF) Shares Cross Above Two Hundred Day Moving Average of $4.40

mdf commerce inc. (TSE:MDF)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.40 and traded as high as C$5.74. mdf commerce shares last traded at C$5.74, with a volume of 14,707 shares.

Analysts Set New Price Targets

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

mdf commerce Price Performance

The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.52 and a current ratio of 0.71. The stock has a market cap of C$252.39 million, a PE ratio of -17.94, a PEG ratio of -0.30 and a beta of 1.52. The stock’s 50-day moving average is C$5.14 and its two-hundred day moving average is C$4.40.

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