mdf commerce (TSE:MDF) Stock Crosses Above 200 Day Moving Average of $4.30

mdf commerce inc. (TSE:MDF) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.30 and traded as high as C$5.75. mdf commerce shares last traded at C$5.74, with a volume of 13,989 shares trading hands.

Analyst Upgrades and Downgrades

Separately, National Bankshares reduced their target price on mdf commerce from C$4.50 to C$4.00 and set a “sector perform” rating for the company in a research note on Thursday, February 15th.

mdf commerce Price Performance

The firm has a market cap of C$252.39 million, a price-to-earnings ratio of -17.94, a P/E/G ratio of -0.30 and a beta of 1.52. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.52 and a current ratio of 0.71. The business has a 50 day simple moving average of C$4.82 and a 200-day simple moving average of C$4.31.

mdf commerce (TSE:MDF) last released its quarterly earnings results on Tuesday, February 13th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05). The company had revenue of C$30.19 million for the quarter, compared to analyst estimates of C$31.15 million. mdf commerce had a negative net margin of 11.43% and a negative return on equity of 5.70%. Equities research analysts expect that mdf commerce inc. will post 0.023 earnings per share for the current year.

About mdf commerce

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 ecommerce, eprocurement, and emarketplace.