Dye & Durham (TSE:DND) Trading 0.2% Higher

Dye & Durham Limited (TSE:DND) was up 0.2% during trading on Thursday . The company traded as high as C$13.13 and last traded at C$12.94. Approximately 56,784 shares were traded during trading, a decline of 65% from the average daily volume of 161,148 shares. The stock had previously closed at C$12.92.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Cormark reduced their price objective on shares of Dye & Durham from C$23.00 to C$17.50 in a research note on Monday, July 22nd. Raymond James increased their price target on Dye & Durham from C$16.00 to C$22.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 15th. Finally, Scotiabank decreased their price objective on Dye & Durham from C$24.00 to C$23.00 in a report on Wednesday, May 15th.

Dye & Durham Stock Performance

The stock has a 50 day simple moving average of C$12.65 and a 200 day simple moving average of C$13.62. The company has a quick ratio of 1.98, a current ratio of 1.33 and a debt-to-equity ratio of 286.80. The company has a market cap of C$905.16 million, a price-to-earnings ratio of -4.99 and a beta of 2.07.

Dye & Durham (TSE:DND) last released its quarterly earnings results on Tuesday, May 14th. The company reported C$0.19 EPS for the quarter. Dye & Durham had a negative return on equity of 31.62% and a negative net margin of 34.81%. The firm had revenue of C$107.32 million for the quarter, compared to analyst estimates of C$111.60 million. As a group, analysts predict that Dye & Durham Limited will post 0.0917288 EPS for the current year.

About Dye & Durham

Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.