Dye & Durham (TSE:DND) Reaches New 1-Year Low – What’s Next?

Dye & Durham Limited (TSE:DND)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$2.59 and last traded at C$2.68, with a volume of 112917 shares traded. The stock had previously closed at C$2.68.

Wall Street Analyst Weigh In

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 for the company in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$10.80.

Dye & Durham Price Performance

The company has a market cap of C$180.05 million, a P/E ratio of -7.66 and a beta of 2.55. The company has a 50 day moving average of C$3.55 and a 200-day moving average of C$3.83. 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) last issued its quarterly earnings results on Friday, May 15th. The company reported C$0.98 earnings per share (EPS) 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 during the quarter. On average, equities analysts predict that Dye & Durham Limited will post 0.1121051 earnings per share 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.