Dye & Durham (TSE:DND) Sets New 52-Week Low – Here’s What Happened

Dye & Durham Limited (TSE:DND)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$1.66 and last traded at C$1.69, with a volume of 213608 shares. The stock had previously closed at C$1.82.

Analyst Ratings Changes

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 research note 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$10.80.

Dye & Durham Trading Down 7.0%

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 firm has a market capitalization of C$107.49 million, a P/E ratio of -4.57 and a beta of 2.95. The firm’s 50-day simple moving average is C$2.91 and its 200-day simple moving average is C$3.70.

Dye & Durham (TSE:DND) last issued its quarterly earnings results on Friday, May 15th. The company reported C$0.98 EPS for the quarter. The firm 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%. Analysts anticipate that Dye & Durham Limited will post 0.1121051 EPS 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.