Docebo (TSE:DCBO) Stock Price Up 1.2% – Should You Buy?

Docebo Inc. (TSE:DCBO)’s share price was up 1.2% during trading on Thursday . The company traded as high as C$67.03 and last traded at C$66.68. Approximately 15,408 shares changed hands during trading, a decline of 65% from the average daily volume of 44,529 shares. The stock had previously closed at C$65.88.

Wall Street Analyst Weigh In

Separately, Colliers Securities upped their price objective on Docebo from C$69.00 to C$82.00 in a research report on Monday, November 11th.

Docebo Stock Up 1.2 %

The firm’s fifty day moving average is C$67.72 and its 200-day moving average is C$59.89. The company has a market capitalization of C$2.02 billion, a P/E ratio of 91.34 and a beta of 1.36. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.25 and a current ratio of 1.11.

Insiders Place Their Bets

In other news, insider Warburg Pincus LLC sold 133,287 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$50.62, for a total transaction of C$6,746,614.74. Insiders own 43.24% of the company’s stock.

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.