Dye & Durham (TSE:DND) Hits New 12-Month Low – Here’s What Happened

Dye & Durham Limited (TSE:DND – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$1.77 and last traded at C$1.79, with a volume of 214826 shares traded. The stock had previously closed at C$1.82.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial lowered 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 report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$10.80.

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Dye & Durham Trading Down 1.1%

The business has a 50-day simple moving average of C$3.18 and a two-hundred day simple moving average of C$3.76. The stock has a market cap of C$120.93 million, a price-to-earnings ratio of -5.14 and a beta of 2.95. The company has a debt-to-equity ratio of 484.73, a current ratio of 0.45 and a quick ratio of 1.98.

Dye & Durham (TSE:DND – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported C$0.98 earnings per share for the quarter. The firm had revenue of C$91.18 million for the quarter. Dye & Durham had a negative return on equity of 9.67% and a negative net margin of 5.92%. Equities analysts forecast that Dye & Durham Limited will post 0.1121051 EPS for the current fiscal year.

Dye & Durham Company Profile

(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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