Key Points
- Plantro Ltd. (an insider) bought 628,400 shares on Feb 9 at C$3.71 (C$2.33M) and 714,600 shares on Feb 10 at C$4.15 (C$2.97M), raising its holding to 8,002,910 shares — a 8.52% increase valued at about C$29.7M.
- Dye & Durham posted C($0.58) EPS last quarter with a negative net margin (-37.25%) and ROE (-40.98%) and carries a very high debt-to-equity ratio (385.35), yet analysts still rate the stock a "Moderate Buy" with a consensus target of C$13.50 versus the recent ~C$3.86 share price.
Dye & Durham Limited (TSE:DND - Get Free Report) insider Plantro Ltd. acquired 628,400 shares of the business's stock in a transaction on Monday, February 9th. The shares were purchased at an average price of C$3.71 per share, with a total value of C$2,331,364.00. Following the completion of the purchase, the insider owned 8,002,910 shares in the company, valued at C$29,690,796.10. This represents a 8.52% increase in their position.
Plantro Ltd. also recently made the following trade(s):
- On Tuesday, February 10th, Plantro Ltd. bought 714,600 shares of Dye & Durham stock. The stock was purchased at an average price of C$4.15 per share, for a total transaction of C$2,965,590.00.
Dye & Durham Stock Up 2.4%
Shares of DND opened at C$3.86 on Thursday. The stock has a 50 day moving average price of C$4.10 and a 200 day moving average price of C$6.34. Dye & Durham Limited has a one year low of C$2.63 and a one year high of C$17.31. The company has a debt-to-equity ratio of 385.35, a quick ratio of 1.98 and a current ratio of 0.32. The stock has a market capitalization of C$259.28 million, a price-to-earnings ratio of -2.34 and a beta of 2.76.
Dye & Durham (TSE:DND - Get Free Report) last announced its quarterly earnings data on Saturday, January 31st. The company reported C($0.58) earnings per share for the quarter. Dye & Durham had a negative net margin of 37.25% and a negative return on equity of 40.98%. The firm had revenue of C$91.78 million during the quarter. Equities research analysts forecast that Dye & Durham Limited will post 0.1121051 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on DND shares. BMO Capital Markets cut shares of Dye & Durham from a "strong-buy" rating to a "hold" rating in a research note on Friday, November 14th. Canadian Imperial Bank of Commerce dropped their price target on Dye & Durham from C$8.50 to C$4.50 in a research report on Monday, December 15th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$13.50.
Check Out Our Latest Report on Dye & Durham
About Dye & Durham
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
