Raymond James Financial Cuts Dye & Durham (TSE:DND) Price Target to C$1.75

Dye & Durham (TSE:DND) had its price objective trimmed by Raymond James Financial from C$4.00 to C$1.75 in a research note published on Thursday morning,BayStreet reports. The brokerage currently has a market perform rating on the stock.

Dye & Durham Stock Performance

Shares of DND stock opened at C$1.31 on Thursday. The stock has a market cap of C$88.01 million, a PE ratio of -2.30 and a beta of 3.01. The business has a 50-day simple moving average of C$0.79 and a 200-day simple moving average of C$2.08. The company has a quick ratio of 1.98, a current ratio of 0.53 and a debt-to-equity ratio of 463.63. Dye & Durham has a 52-week low of C$0.45 and a 52-week high of C$7.92.

Dye & Durham (TSE:DND) last issued its earnings results on Tuesday, September 29th. The company reported C($0.32) EPS for the quarter. The company had revenue of C$104.17 million during the quarter. Dye & Durham had a negative return on equity of 5.58% and a negative net margin of 3.40%. On average, equities analysts expect that Dye & Durham 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.