Dye & Durham (OTCMKTS:DYNDF) Stock Price Down 22.1% – What’s Next?

Dye & Durham Limited (OTCMKTS:DYNDF)’s share price fell 22.1% on Thursday . The company traded as low as $0.01 and last traded at $1.34. 7,107 shares were traded during mid-day trading, an increase of 185% from the average session volume of 2,496 shares. The stock had previously closed at $1.72.

Analysts Set New Price Targets

Separately, BMO Capital Markets downgraded shares of Dye & Durham from an “outperform” rating to a “market perform” rating in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Dye & Durham Price Performance

The business’s fifty day moving average price is $2.69 and its 200 day moving average price is $4.58.

About Dye & Durham

Dye & Durham is a provider of cloud-based software and integrated services tailored to the legal, real estate and corporate sectors. Headquartered in Toronto, Canada, the company delivers a unified platform that automates critical workflows for law firms, notaries, corporations and government agencies. Its offerings include electronic filing, land title and corporate registry services, compliance reporting, and end-to-end transaction support, all accessible via a software-as-a-service model.

Operating across Canada as well as in the United Kingdom and Ireland, Dye & Durham serves thousands of customers spanning solo practitioners to large multinational firms.