Docebo (TSE:DCBO) Shares Down 0.6%

Docebo Inc. (TSE:DCBO)’s share price traded down 0.6% on Monday . The stock traded as low as C$49.92 and last traded at C$50.23. 22,206 shares changed hands during trading, a decline of 57% from the average session volume of 51,770 shares. The stock had previously closed at C$50.54.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. ATB Capital boosted their target price on Docebo from C$95.00 to C$100.00 and gave the stock an “outperform” rating in a report on Monday, February 26th. Cormark boosted their target price on Docebo from C$77.00 to C$82.00 and gave the stock a “buy” rating in a report on Monday, February 26th.

Docebo Stock Down 0.6 %

The stock has a market capitalization of C$1.52 billion, a price-to-earnings ratio of 173.21 and a beta of 1.47. The business has a fifty day moving average of C$54.49 and a 200 day moving average of C$61.18. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.30 and a quick ratio of 3.25.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.