Dye & Durham (TSE:DND) Shares Up 125.3% – Here’s Why

Dye & Durham Limited (TSE:DND – Get Free Report)’s share price shot up 125.3% during trading on Tuesday. The stock traded as high as C$1.09 and last traded at C$1.07. Approximately 2,320,965 shares traded hands during mid-day trading, an increase of 738% from the average daily volume of 277,103 shares. The stock had previously closed at C$0.47.

Dye & Durham Price Performance

The stock has a 50 day moving average of C$0.79 and a 200-day moving average of C$2.17. The company has a debt-to-equity ratio of 484.73, a quick ratio of 1.98 and a current ratio of 0.45. The company has a market cap of C$67.85 million, a PE ratio of -2.89 and a beta of 3.01.

Dye & Durham (TSE:DND – Get Free Report) last posted its quarterly earnings results on Tuesday, September 29th. The company reported C($0.32) earnings per share for the quarter. The firm had revenue of C$104.17 million for the quarter. Dye & Durham had a negative net margin of 5.92% and a negative return on equity of 9.67%. Equities analysts predict that Dye & Durham Limited will post 0.1121051 earnings per share for the current year.

About Dye & Durham

(Get Free Report)

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.

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