dotdigital Group (LON:DOTD) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

dotdigital Group Plc (LON:DOTD)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.21 and traded as low as GBX 69. dotdigital Group shares last traded at GBX 69, with a volume of 557,644 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DOTD. Peel Hunt reissued a “buy” rating and issued a GBX 110 price objective on shares of dotdigital Group in a research note on Tuesday, November 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 price objective on shares of dotdigital Group in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 130.

dotdigital Group Stock Up 0.5%

The company has a quick ratio of 3.94, a current ratio of 3.05 and a debt-to-equity ratio of 3.24. The stock has a market cap of £213.54 million, a P/E ratio of 19.32, a PEG ratio of 11.36 and a beta of 1.16. The business has a 50-day simple moving average of GBX 67.41 and a 200-day simple moving average of GBX 73.21.

dotdigital Group (LON:DOTD) last issued its quarterly earnings results on Tuesday, November 4th. The company reported GBX 4.93 EPS for the quarter. dotdigital Group had a return on equity of 11.80% and a net margin of 14.01%. Analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current year.

About dotdigital Group

Dotdigital Group plc (AIM: DOTD) is a leading provider of cross-channel marketing automation technology to marketing professionals. 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.