dotdigital Group (LON:DOTD) Stock Passes Below 200 Day Moving Average – Here’s Why
by Tristan Rich · The Markets Dailydotdigital Group Plc (LON:DOTD – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 68.69 and traded as low as GBX 64.20. dotdigital Group shares last traded at GBX 65.25, with a volume of 818,889 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on DOTD. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 target price on shares of dotdigital Group in a research report on Tuesday, November 4th. Peel Hunt restated a “buy” rating and set a GBX 110 price objective on shares of dotdigital Group in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 130.
View Our Latest Stock Analysis on dotdigital Group
dotdigital Group Trading Down 1.1%
The firm’s fifty day moving average price is GBX 66.91 and its 200-day moving average price is GBX 68.67. The company has a market cap of £199.36 million, a price-to-earnings ratio of 18.38, a P/E/G ratio of 11.36 and a beta of 1.16. The company has a debt-to-equity ratio of 3.24, a current ratio of 3.05 and a quick ratio of 3.94.
dotdigital Group (LON:DOTD – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported GBX 4.93 earnings per share for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. On average, equities analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current fiscal year.
Insider Activity
In other dotdigital Group news, insider John Conoley acquired 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average cost of GBX 70 per share, with a total value of £9,100. Insiders purchased 33,000 shares of company stock worth $2,200,000 in the last three months. Insiders own 18.17% of the company’s stock.
About dotdigital Group
Dotdigital Group plc (AIM: DOTD) is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty.
Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.