dotdigital Group (LON:DOTD) Hits New 12-Month Low – Here’s What Happened

dotdigital Group Plc (LON:DOTD)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 58 and last traded at GBX 60, with a volume of 2195976 shares traded. The stock had previously closed at GBX 61.20.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DOTD shares. Peel Hunt reiterated a “buy” rating and set a GBX 110 price objective on shares of dotdigital Group in a report on Tuesday, November 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 price target on shares of dotdigital Group in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 130.

dotdigital Group Price Performance

The company has a 50 day simple moving average of GBX 66.21 and a 200 day simple moving average of GBX 67.07. The company has a market capitalization of £171.03 million, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The company has a quick ratio of 3.94, a current ratio of 3.05 and a debt-to-equity ratio of 3.24.

Insider Buying and Selling

In other dotdigital Group news, insider John Conoley purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average price 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.