Dye & Durham Limited (TSE:DND) Insider Purchases C$1,115,667.30 in Stock

Dye & Durham Limited (TSE:DND) insider Plantro Ltd. bought 89,400 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of C$12.48 per share, with a total value of C$1,115,667.30.

Plantro Ltd. also recently made the following trade(s):

• On Friday, February 21st, Plantro Ltd. sold 15,000 shares of Dye & Durham stock. The shares were sold at an average price of C$12.00, for a total value of C$180,000.00.
• On Thursday, January 16th, Plantro Ltd. sold 1,778,900 shares of Dye & Durham stock. The shares were sold at an average price of C$15.16, for a total transaction of C$26,967,768.22.
• On Thursday, December 19th, Plantro Ltd. sold 1,000,000 shares of Dye & Durham stock. The stock was sold at an average price of C$19.15, for a total transaction of C$19,150,000.00.

Dye & Durham Stock Up 0.1 %

Dye & Durham stock opened at C$12.43 on Friday. The company has a market capitalization of C$865.60 million, a P/E ratio of -5.07 and a beta of 2.09. The company has a debt-to-equity ratio of 385.35, a quick ratio of 1.98 and a current ratio of 0.32. Dye & Durham Limited has a fifty-two week low of C$10.92 and a fifty-two week high of C$22.59. The stock has a 50-day simple moving average of C$14.38 and a 200-day simple moving average of C$16.16.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DND. Scotiabank decreased their price objective on shares of Dye & Durham from C$25.00 to C$20.00 in a research report on Friday, February 14th. Canaccord Genuity Group decreased their price target on Dye & Durham from C$27.50 to C$23.00 in a report on Friday, February 14th. BMO Capital Markets dropped their price objective on Dye & Durham from C$22.00 to C$20.00 in a report on Friday, February 14th. Canaccord Genuity Group boosted their target price on Dye & Durham from C$27.00 to C$30.00 in a research note on Friday, November 29th. Finally, Cormark lowered shares of Dye & Durham from a “moderate buy” rating to a “hold” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$22.50.

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.