Docebo (TSE:DCBO) Trading 3% Higher

Docebo Inc. (TSE:DCBO)’s share price rose 3% during mid-day trading on Friday . The company traded as high as C$63.44 and last traded at C$63.12. Approximately 51,393 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 46,693 shares. The stock had previously closed at C$61.30.

Docebo Price Performance

The firm has a market capitalization of C$1.91 billion, a price-to-earnings ratio of 87.67 and a beta of 1.37. The company’s fifty day moving average price is C$55.93 and its 200 day moving average price is C$57.47. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.25 and a current ratio of 1.11.

Insider Buying and Selling at Docebo

In related news, insider Warburg Pincus LLC purchased 11,781 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average cost of C$36.74 per share, for a total transaction of C$432,857.50. 43.16% of the stock is currently owned by insiders.

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.