Dye & Durham Limited (TSE:DND) Given Consensus Rating of “Hold” by Analysts

Dye & Durham Limited (TSE:DND) has earned a consensus recommendation of “Hold” from the five brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$10.80.

Separately, Raymond James Financial dropped their target price on shares of 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.

Dye & Durham Trading Down 1.7%

Shares of TSE DND opened at C$2.89 on Wednesday. The firm’s 50 day moving average price is C$3.68 and its 200-day moving average price is C$3.89. The company has a market cap of C$194.16 million, a PE ratio of -8.26 and a beta of 2.55. Dye & Durham has a 52-week low of C$2.63 and a 52-week high of C$12.13. The company has a debt-to-equity ratio of 484.73, a quick ratio of 1.98 and a current ratio of 0.45.

Dye & Durham (TSE:DND) last issued its earnings results on Friday, May 15th. The company reported C$0.98 earnings per share (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%. On average, equities research analysts expect that Dye & Durham will post 0.1121051 EPS for the current fiscal 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.