dotdigital Group (LON:DOTD) Share Price Crosses Below 200-Day Moving Average – What’s Next?

dotdigital Group Plc (LON:DOTD)’s share price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 48.16 and traded as low as GBX 47.45. dotdigital Group shares last traded at GBX 48.65, with a volume of 425,017 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 135 price objective on shares of dotdigital Group in a report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 122.50.

dotdigital Group Stock Down 1.5%

The firm has a market cap of £145.71 million, a P/E ratio of 16.34, a PEG ratio of 11.36 and a beta of 1.46. The firm’s 50-day moving average price is GBX 50.30 and its 200 day moving average price is GBX 48.11. The company has a debt-to-equity ratio of 1.46, a current ratio of 3.11 and a quick ratio of 3.94.

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.