Dye & Durham (TSE:DND) Releases Earnings Results

Dye & Durham (TSE:DND) announced its quarterly earnings results on Friday. The company reported C$0.98 EPS for the quarter, FiscalAI reports. The firm had revenue of C$91.18 million for the quarter. Dye & Durham had a negative net margin of 26.66% and a negative return on equity of 43.96%.

Dye & Durham Price Performance

Shares of TSE:DND opened at C$3.00 on Friday. Dye & Durham has a one year low of C$2.63 and a one year high of C$12.13. The stock has a market capitalization of C$201.55 million, a price-to-earnings ratio of -1.80 and a beta of 2.55. The company has a 50-day simple moving average of C$3.96 and a 200-day simple moving average of C$4.01. The company has a debt-to-equity ratio of 726.94, a quick ratio of 1.98 and a current ratio of 0.68.

Insider Activity

In related news, Director Alan Roy Hibben purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were purchased at an average price of C$3.45 per share, for a total transaction of C$172,500.00. Following the transaction, the director directly owned 50,000 shares of the company’s stock, valued at approximately C$172,500. The trade was a ∞ increase in their position. 25.60% of the stock is currently owned by corporate insiders.

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.