Insider Selling: Dye & Durham Limited (TSE:DND) Insider Sells 15,000 Shares of Stock

Dye & Durham Limited (TSE:DND) insider Plantro Ltd. sold 15,000 shares of Dye & Durham stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$12.00, for a total transaction of C$180,000.00.

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

• On Monday, February 24th, Plantro Ltd. acquired 89,400 shares of Dye & Durham stock. The shares were acquired at an average cost of C$12.48 per share, with a total value of C$1,115,667.30.
• On Thursday, January 16th, Plantro Ltd. sold 1,778,900 shares of Dye & Durham stock. The stock was sold at an average price of C$15.16, for a total value of C$26,967,768.22.
• On Thursday, December 19th, Plantro Ltd. sold 1,000,000 shares of Dye & Durham stock. The shares were sold at an average price of C$19.15, for a total value of C$19,150,000.00.

Dye & Durham Stock Performance

Dye & Durham stock opened at C$12.43 on Friday. The company has a debt-to-equity ratio of 385.35, a current ratio of 0.32 and a quick ratio of 1.98. Dye & Durham Limited has a 12 month low of C$10.92 and a 12 month high of C$22.59. The company has a market cap of C$865.60 million, a price-to-earnings ratio of -5.07 and a beta of 2.09. The stock’s 50-day moving average is C$14.38 and its 200-day moving average is C$16.15.

Analyst Ratings Changes

A number of research firms have issued reports on DND. Canaccord Genuity Group upped their target price on shares of Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. CIBC reduced their price objective on shares of Dye & Durham from C$30.00 to C$25.00 in a research note on Friday, February 14th. Canaccord Genuity Group decreased their target price on shares of Dye & Durham from C$27.50 to C$23.00 in a research report on Friday, February 14th. Scotiabank cut their price target on Dye & Durham from C$25.00 to C$20.00 in a report on Friday, February 14th. Finally, Cormark cut Dye & Durham from a “moderate buy” rating to a “hold” rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Dye & Durham presently 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.