Dye & Durham Limited (TSE:DND) Given Consensus Rating of “Hold” by Brokerages

Dye & Durham Limited (TSE:DND) has received a consensus recommendation of “Hold” from the five research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$11.67.

Separately, Raymond James Financial decreased their price target on Dye & Durham from C$5.00 to C$4.00 and set a “market perform” rating on the stock in a research note on Wednesday.

Dye & Durham Price Performance

Shares of Dye & Durham stock traded up C$0.09 during trading on Wednesday, reaching C$2.94. The company’s stock had a trading volume of 227,524 shares, compared to its average volume of 226,194. The company has a quick ratio of 1.98, a current ratio of 0.45 and a debt-to-equity ratio of 484.73. Dye & Durham has a 12-month low of C$2.63 and a 12-month high of C$12.13. The company has a market capitalization of C$197.52 million, a P/E ratio of -8.40 and a beta of 2.55. The business has a 50 day moving average price of C$3.87 and a 200-day moving average price of C$3.97.

Dye & Durham (TSE:DND) last posted its quarterly earnings results on Friday, May 15th. The company reported C$0.98 earnings per share for the quarter. Dye & Durham had a negative return on equity of 9.67% and a negative net margin of 5.92%.The firm had revenue of C$91.18 million for the quarter. As a group, sell-side analysts anticipate that Dye & Durham will post 0.1121051 EPS 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.