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

Dye & Durham Limited (TSE:DNDGet Free Report) shares fell 11.9% on Friday . The company traded as low as C$0.58 and last traded at C$0.59. Approximately 967,111 shares were traded during 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 Trading Down 11.9%

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

About Dye & Durham

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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.

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