Dye & Durham Limited (TSE:DND - Get Free Report) Director Eric Shahinian purchased 12,300 shares of the business's stock in a transaction dated Tuesday, December 31st. The shares were purchased at an average cost of C$17.35 per share, with a total value of C$213,433.29.
Dye & Durham Stock Performance
Shares of DND opened at C$17.58 on Wednesday. The company has a market capitalization of C$1.18 billion, a price-to-earnings ratio of -6.00 and a beta of 2.09. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00. Dye & Durham Limited has a 1 year low of C$10.92 and a 1 year high of C$22.59. The company's 50 day simple moving average is C$18.87 and its 200 day simple moving average is C$15.47.
Dye & Durham (TSE:DND - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C($0.14) earnings per share (EPS) for the quarter. The business had revenue of C$119.93 million for the quarter, compared to analyst estimates of C$120.30 million. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. On average, sell-side analysts predict that Dye & Durham Limited will post 0.1121051 EPS for the current year.
Dye & Durham Dividend Announcement
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The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were issued a $0.019 dividend. This represents a $0.08 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend was Thursday, November 14th. Dye & Durham's dividend payout ratio (DPR) is -2.73%.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the stock. CIBC raised their target price on shares of Dye & Durham from C$22.00 to C$30.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. BMO Capital Markets raised their price objective on shares of Dye & Durham from C$18.00 to C$23.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Canaccord Genuity Group reduced their target price on Dye & Durham from C$30.00 to C$27.50 and set a "buy" rating on the stock in a research note on Wednesday, December 18th. Finally, Canaccord Genuity Group raised their price target on Dye & Durham from C$27.00 to C$30.00 in a research report on Friday, November 29th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$24.71.
Check Out Our Latest Report on DND
About Dye & Durham
(
Get Free Report)
Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.
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