Key Points
- Director Alan Roy Hibben bought 50,000 shares of Dye & Durham at C$3.45 per share on Feb. 18 for a total of C$172,500, and now directly owns those 50,000 shares.
- The company reported C($0.32) EPS last quarter with a negative return on equity (‑43.96%) and net margin (‑26.66%), and carries an extremely high debt-to-equity ratio of 726.94, indicating significant financial stress.
- Analysts hold a mixed view: MarketBeat shows a consensus rating of "Moderate Buy" with a C$13.50 price target, but several recent downgrades and lowered targets (e.g., BMO and CIBC) reflect cautious sentiment.
Dye & Durham Limited (TSE:DND - Get Free Report) Director Alan Roy Hibben acquired 50,000 shares of Dye & Durham stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average cost of C$3.45 per share, for a total transaction of C$172,500.00. Following the completion of the transaction, the director directly owned 50,000 shares in the company, valued at C$172,500. This trade represents a ∞ increase in their ownership of the stock.
Dye & Durham Stock Down 4.4%
Shares of TSE:DND opened at C$5.00 on Friday. The firm has a market capitalization of C$335.86 million, a PE ratio of -2.99 and a beta of 2.58. The business has a 50 day simple moving average of C$4.11 and a two-hundred day simple moving average of C$5.56. Dye & Durham Limited has a 1 year low of C$2.63 and a 1 year high of C$13.79. The company has a debt-to-equity ratio of 726.94, a current ratio of 0.68 and a quick ratio of 1.98.
Dye & Durham (TSE:DND - Get Free Report) last issued its quarterly earnings results on Monday, February 16th. The company reported C($0.32) earnings per share for the quarter. Dye & Durham had a negative return on equity of 43.96% and a negative net margin of 26.66%.The business had revenue of C$107.02 million during the quarter. On average, equities analysts predict that Dye & Durham Limited will post 0.1121051 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on DND shares. BMO Capital Markets downgraded Dye & Durham from a "strong-buy" rating to a "hold" rating in a research report on Friday, November 14th. Canadian Imperial Bank of Commerce lowered their price objective on shares of Dye & Durham from C$8.50 to C$4.50 in a research report on Monday, December 15th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Dye & Durham currently has a consensus rating of "Moderate Buy" and a consensus price target of C$13.50.
Check Out Our Latest Research Report on DND
Dye & Durham Company Profile
(
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.
Further Reading
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