Dye & Durham (TSE:DND) Stock Falls 11.2% – Should You Sell?

Dye & Durham Limited (TSE:DND) traded down 11.2% during mid-day trading on Wednesday. The stock traded as low as C$0.94 and last traded at C$1.03. 994,061 shares were traded during mid-day trading, an increase of 240% from the average session volume of 292,685 shares. The stock had previously closed at C$1.16.

Dye & Durham Stock Performance

The company has a debt-to-equity ratio of 484.73, a current ratio of 0.45 and a quick ratio of 1.98. The company’s fifty day moving average price is C$0.79 and its 200 day moving average price is C$2.14. The company has a market cap of C$68.53 million, a PE ratio of -2.91 and a beta of 3.01.

Dye & Durham (TSE:DND) last released its quarterly earnings results on Tuesday, September 29th. The company reported C($0.32) earnings per share for the quarter. Dye & Durham had a negative return on equity of 9.67% and a negative net margin of 5.92%.The firm had revenue of C$104.17 million for the quarter. On average, equities research analysts predict that Dye & Durham Limited will post 0.1121051 earnings per share for the current year.

About Dye & Durham

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.