mdf commerce (TSE:MDF) had its price objective raised by equities research analysts at National Bank Financial to C$13.50 in a research report issued to clients and investors on Thursday, Stock Target Advisor reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 33.66% from the stock’s current price.
A number of other research firms have also recently commented on MDF. National Bankshares boosted their price objective on mdf commerce from C$10.32 to C$13.50 and gave the company a “sector perform” rating in a research report on Thursday. Acumen Capital cut their price objective on mdf commerce to C$14.00 and set a “na” rating for the company in a research report on Friday, June 11th.
TSE:MDF traded down C$0.22 during trading hours on Thursday, reaching C$10.10. The company had a trading volume of 17,380 shares, compared to its average volume of 54,732. mdf commerce has a 1-year low of C$5.85 and a 1-year high of C$16.90. The company has a market capitalization of C$286.88 million and a price-to-earnings ratio of -26.20. The stock has a 50 day moving average price of C$10.77. The company has a debt-to-equity ratio of 5.35, a quick ratio of 3.68 and a current ratio of 3.82.
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 e-commerce, strategic sourcing, supply chain collaboration, and emarketplaces.
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