dotdigital Group (LON:DOTD) Hits New 52-Week Low – What’s Next?

Shares of dotdigital Group Plc (LON:DOTD) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 53.60 and last traded at GBX 54.60, with a volume of 763940 shares. The stock had previously closed at GBX 56.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set 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, According to data from MarketBeat, dotdigital Group has a consensus rating of “Buy” and an average target price of GBX 130.

dotdigital Group Stock Performance

The company has a current ratio of 2.57, a quick ratio of 3.94 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of £165.57 million, a PE ratio of 15.38, a PEG ratio of 11.36 and a beta of 1.50. The business’s 50 day moving average is GBX 64.19 and its 200 day moving average is GBX 66.

dotdigital Group (LON:DOTD) last issued its quarterly earnings results on Tuesday, March 10th. The company reported GBX 2.29 earnings per share for the quarter. dotdigital Group had a return on equity of 10.93% and a net margin of 13.36%. On average, equities research analysts predict that dotdigital Group Plc will post 4.6030099 earnings per share for the current fiscal year.

Insider Activity

In related news, insider John Conoley purchased 10,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were purchased at an average cost of GBX 65 per share, for a total transaction of £6,500. Corporate insiders own 18.34% 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.