Dye & Durham (TSE:DND) Shares Climb 125.3% – Time to Buy?

Dye & Durham Limited (TSE:DND) shot up 125.3% during mid-day trading on Tuesday. The stock traded as high as C$1.09 and last traded at C$1.07. 2,320,965 shares traded hands during mid-day trading, an increase of 738% from the average session volume of 277,103 shares. The stock had previously closed at C$0.47.

Dye & Durham Price Performance

The company has a debt-to-equity ratio of 463.63, a quick ratio of 1.98 and a current ratio of 0.53. The firm has a market capitalization of C$67.18 million, a P/E ratio of -1.75 and a beta of 3.01. The company has a 50-day moving average price of C$0.79 and a 200-day moving average price of C$2.11.

Dye & Durham (TSE:DND) last released its quarterly earnings data on Tuesday, September 29th. The company reported C($0.32) earnings per share for the quarter. The firm had revenue of C$104.17 million for the quarter. Dye & Durham had a negative return on equity of 5.58% and a negative net margin of 3.40%. On average, sell-side analysts predict that Dye & Durham Limited will post 0.1121051 earnings per share for the current year.

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.