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

dotdigital Group Plc (LON:DOTD) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 53.60 and last traded at GBX 54.60, with a volume of 763940 shares trading hands. The stock had previously closed at GBX 56.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 price target on shares of dotdigital Group in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 130.

dotdigital Group Price Performance

The firm’s 50-day simple moving average is GBX 63.61 and its 200 day simple moving average is GBX 65.80. The company has a debt-to-equity ratio of 1.73, a quick ratio of 3.94 and a current ratio of 2.57. The stock has a market capitalization of £158.29 million, a P/E ratio of 14.70, a PEG ratio of 11.36 and a beta of 1.50.

dotdigital Group (LON:DOTD) last announced its quarterly earnings data on Tuesday, March 10th. The company reported GBX 2.29 earnings per share for the quarter. dotdigital Group had a return on equity of 10.93% and a net margin of 13.36%. As a group, research analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current year.

Insider Buying and Selling

In related news, insider John Conoley purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was purchased at an average cost of GBX 53 per share, for a total transaction of £5,300. Company 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.