mdf commerce (TSE:MDF) Hits New 52-Week Low at $2.52

mdf commerce inc. (TSE:MDFGet Rating)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$2.52 and last traded at C$2.54, with a volume of 64123 shares changing hands. The stock had previously closed at C$2.59.

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets started coverage on mdf commerce in a report on Monday, April 11th. They set a “hold” rating and a C$4.00 target price for the company. Laurentian Bank of Canada reissued a “buy” rating and issued a C$11.00 price target on shares of mdf commerce in a research note on Monday, February 7th. Finally, National Bankshares reduced their price objective on mdf commerce from C$6.00 to C$5.00 in a research note on Friday, February 11th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$10.42.

The business has a fifty day moving average of C$3.47 and a 200 day moving average of C$4.64. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.95 and a quick ratio of 0.63. The stock has a market capitalization of C$110.37 million and a price-to-earnings ratio of -4.63.

mdf commerce (TSE:MDFGet Rating) last announced its quarterly earnings data on Wednesday, February 9th. The company reported C($0.11) EPS for the quarter, missing the Zacks’ consensus estimate of C($0.02) by C($0.09). The company had revenue of C$30.65 million for the quarter, compared to analysts’ expectations of C$33.13 million. On average, equities research analysts expect that mdf commerce inc. will post -0.2 EPS for the current year.

About mdf commerce (TSE:MDF)

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include strategic sourcing, ecommerce, supply chain collaboration, and emarketplace.

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