dotdigital Group (LON:DOTD) Shares Cross Below 200 Day Moving Average – Here’s Why

dotdigital Group Plc (LON:DOTD) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 67.52 and traded as low as GBX 66. dotdigital Group shares last traded at GBX 66.40, with a volume of 1,778,839 shares.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 110 target price on shares of dotdigital Group in a report on Tuesday, November 4th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 150 target price on shares of dotdigital Group in a report on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 130.

dotdigital Group Trading Down 0.4%

The company has a market capitalization of £200.56 million, a price-to-earnings ratio of 18.63, a P/E/G ratio of 11.36 and a beta of 1.16. The company has a current ratio of 3.05, a quick ratio of 3.94 and a debt-to-equity ratio of 3.24. The business’s 50 day moving average price is GBX 66.64 and its two-hundred day moving average price is GBX 67.52.

Insider Buying and Selling at dotdigital Group

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

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.