dotdigital Group (LON:DOTD) Shares Pass Below 200-Day Moving Average – Should You Sell?

dotdigital Group Plc (LON:DOTD) shares passed 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 traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DOTD shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 150 price target on shares of dotdigital Group in a report on Tuesday, November 4th. Peel Hunt reiterated a “buy” rating and set a GBX 110 target price on shares of dotdigital Group in a report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 130.

dotdigital Group Price Performance

The stock 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 50 day simple moving average of GBX 66.91 and a 200-day simple moving average of GBX 68.69. The company has a current ratio of 3.05, a quick ratio of 3.94 and a debt-to-equity ratio of 3.24.

dotdigital Group (LON:DOTD) last posted its quarterly earnings data on Tuesday, November 4th. The company reported GBX 4.93 earnings per share (EPS) for the quarter. dotdigital Group had a return on equity of 11.80% and a net margin of 14.01%. Research analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current year.

Insider Buying and Selling at dotdigital Group

In other dotdigital Group news, insider John Conoley acquired 13,000 shares of the stock in a transaction dated Wednesday, November 12th. The shares were bought at an average cost of GBX 70 per share, for a total transaction of £9,100. Over the last three months, insiders have purchased 33,000 shares of company stock worth $2,200,000. 18.17% of the stock is owned by company insiders.

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.