Dye & Durham (TSE:DND) Stock Price Down 11.9% – Here’s What Happened

Dye & Durham Limited (TSE:DNDGet Free Report)’s stock price dropped 11.9% during mid-day trading on Friday . The company traded as low as C$0.58 and last traded at C$0.59. 967,111 shares were traded during mid-day trading, an increase of 271% from the average daily volume of 260,611 shares. The stock had previously closed at C$0.67.

Dye & Durham Stock Performance

The company has a quick ratio of 1.98, a current ratio of 0.45 and a debt-to-equity ratio of 484.73. The company has a market cap of C$39.64 million, a P/E ratio of -1.69 and a beta of 3.01. The company’s 50-day moving average is C$0.90 and its two-hundred day moving average is C$2.38.

About Dye & Durham

(Get Free Report)

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.

Further Reading

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