Dye & Durham (TSE:DND) Sets New 1-Year Low – Should You Sell?

Dye & Durham Limited (TSE:DND – Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as C$0.73 and last traded at C$0.83, with a volume of 506261 shares traded. The stock had previously closed at C$0.81.

Analysts Set New Price Targets

Separately, Raymond James Financial decreased their target price on Dye & Durham from C$5.00 to C$4.00 and set a “market perform” rating on the stock in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Dye & Durham has an average rating of “Hold” and a consensus price target of C$9.88.

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Read Our Latest Stock Analysis on Dye & Durham

Dye & Durham Stock Up 3.7%

The company has a quick ratio of 1.98, a current ratio of 0.45 and a debt-to-equity ratio of 484.73. The company has a market capitalization of C$56.43 million, a PE ratio of -2.40 and a beta of 3.01. The business’s 50 day simple moving average is C$1.82 and its 200 day simple moving average is C$3.22.

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

About Dye & Durham

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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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