dotdigital Group (LON:DOTD) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of dotdigital Group Plc (LON:DOTD) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 92.69 ($1.20) and traded as low as GBX 78 ($1.01). dotdigital Group shares last traded at GBX 81 ($1.05), with a volume of 861,756 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 150 ($1.95) price objective on shares of dotdigital Group in a report on Monday, July 29th.

dotdigital Group Price Performance

The firm’s 50 day moving average price is GBX 89.19 and its two-hundred day moving average price is GBX 92.69. The company has a debt-to-equity ratio of 1.93, a current ratio of 3.45 and a quick ratio of 3.94. The stock has a market cap of £248.55 million, a PE ratio of 2,025.00, a P/E/G ratio of 11.36 and a beta of 1.16.

dotdigital Group Company Profile

dotdigital Group Plc engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide. It offers Dotdigital, a SaaS-based an all-in-one customer experience and data platform that breaks down data siloes to create a centralized data hub that delivers actionable insights and enables companies to create, test, and send data-driven automated campaigns through various channels, such as web, email, SMS, WhatsApp, chat, push, social, ads, and others.