Dye & Durham (TSE:DND) Issues Earnings Results

Dye & Durham (TSE:DND) released its quarterly earnings results on Thursday. The company reported C($0.16) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$94.87 million during the quarter. Dye & Durham had a negative net margin of 3.40% and a negative return on equity of 5.58%.

Dye & Durham Price Performance

TSE DND traded down C$0.53 during mid-day trading on Thursday, hitting C$1.36. The stock had a trading volume of 811,613 shares, compared to its average volume of 395,545. The firm’s 50 day moving average is C$1.23 and its 200 day moving average is C$2.37. The company has a debt-to-equity ratio of 463.63, a current ratio of 0.53 and a quick ratio of 1.98. The stock has a market capitalization of C$91.37 million, a price-to-earnings ratio of -2.39 and a beta of 2.12. Dye & Durham has a twelve month low of C$0.45 and a twelve month high of C$5.40.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial reduced their price objective on shares of Dye & Durham from C$4.00 to C$1.75 and set a “market perform” rating for the company in a research report on Thursday, October 1st. Two research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$3.12.

About Dye & Durham

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia, and South Africa.