dotdigital Group (LON:DOTD) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

dotdigital Group Plc (LON:DOTD) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 58.10 and traded as low as GBX 47.55. dotdigital Group shares last traded at GBX 48.80, with a volume of 1,626,618 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 150 target price on shares of dotdigital Group in a research report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 130.

dotdigital Group Trading Up 0.3%

The stock has a 50-day moving average of GBX 46.99 and a 200 day moving average of GBX 58.10. The stock has a market cap of £148.44 million, a PE ratio of 16.65, a price-to-earnings-growth ratio of 11.36 and a beta of 1.45. The company has a quick ratio of 3.94, a current ratio of 3.11 and a debt-to-equity ratio of 1.46.

dotdigital Group (LON:DOTD) last issued its earnings results on Tuesday, March 10th. The company reported GBX 2.29 EPS for the quarter. dotdigital Group had a return on equity of 8.80% and a net margin of 10.76%. As a group, sell-side analysts anticipate that dotdigital Group Plc will post 4.6030099 earnings per share for the current year.

Insider Buying and Selling

In related news, insider John Conoley purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was bought at an average cost of GBX 53 per share, with a total value of £5,300. Also, insider Thomas (Tom) Oliver Mullan bought 17,158 shares of dotdigital Group stock in a transaction dated Thursday, March 12th. The shares were acquired at an average cost of GBX 52 per share, with a total value of £8,922.16. Insiders acquired 29,081 shares of company stock valued at $1,522,212 over the last three months. 18.34% of the stock is currently owned by corporate insiders.

dotdigital Group Company Profile

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.