Dye & Durham (TSE:DND) Director Alan Roy Hibben Buys 50,000 Shares

Dye & Durham Limited (TSE:DND) Director Alan Roy Hibben bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average price 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 of the company’s stock, valued at C$172,500. This represents a ∞ increase in their position.

Dye & Durham Stock Performance

TSE DND opened at C$5.00 on Friday. 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 Limited has a 1-year low of C$2.63 and a 1-year high of C$13.79. 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. The stock has a market capitalization of C$335.86 million, a PE ratio of -2.99 and a beta of 2.58.

Dye & Durham (TSE:DND) last posted its earnings results on Monday, February 16th. The company reported C($0.32) EPS for the quarter. Dye & Durham had a negative net margin of 26.66% and a negative return on equity of 43.96%. The firm had revenue of C$107.02 million for the quarter. On average, research analysts predict that Dye & Durham Limited will post 0.1121051 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reduced their target price on shares of Dye & Durham from C$8.50 to C$4.50 in a report on Monday, December 15th. BMO Capital Markets downgraded Dye & Durham from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Dye & Durham currently has a consensus rating of “Moderate Buy” and an average target price of C$13.50.

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.