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

dotdigital Group Plc (LON:DOTD) shares 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 trading hands.

Analyst Upgrades and Downgrades

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

dotdigital Group Price Performance

The firm 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. The stock has a 50 day moving average price of GBX 46.99 and a two-hundred day moving average price of GBX 58.10.

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 8.80% and a net margin of 10.76%. As a group, equities analysts expect that dotdigital Group Plc will post 4.6030099 earnings per share for the current year.

Insider Transactions at dotdigital Group

In other dotdigital Group news, insider Thomas (Tom) Oliver Mullan purchased 1,923 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average price of GBX 52 per share, for a total transaction of £999.96. Also, insider John Conoley purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average price of GBX 53 per share, for a total transaction of £5,300. Insiders have bought 29,081 shares of company stock worth $1,522,212 in the last 90 days. 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.