Dye & Durham Limited (TSE:DND) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Dye & Durham Limited (TSE:DND) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$13.50.

Several equities analysts have weighed in on DND shares. CIBC dropped their price objective on Dye & Durham from C$8.50 to C$4.50 in a report on Monday, December 15th. BMO Capital Markets cut Dye & Durham from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th.

Dye & Durham Stock Performance

TSE DND opened at C$4.17 on Friday. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35. The company has a market capitalization of C$280.10 million, a P/E ratio of -1.71 and a beta of 3.09. Dye & Durham has a 12-month low of C$2.63 and a 12-month high of C$21.93. The firm has a 50-day moving average price of C$3.94 and a two-hundred day moving average price of C$6.62.

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

Dye & Durham Company Profile

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.