dotdigital Group (LON:DOTD) Stock Passes Below 200-Day Moving Average of $90.03

dotdigital Group Plc (LON:DOTD)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 90.03 ($1.13) and traded as low as GBX 83.20 ($1.04). dotdigital Group shares last traded at GBX 85.60 ($1.07), with a volume of 953,065 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price objective on shares of dotdigital Group from GBX 140 ($1.76) to GBX 150 ($1.88) and gave the stock a “buy” rating in a research report on Tuesday, March 5th.

dotdigital Group Price Performance

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 company’s 50 day moving average is GBX 92.20 and its 200 day moving average is GBX 90.08. The stock has a market cap of £262.45 million, a price-to-earnings ratio of 2,140.00, a PEG ratio of 11.36 and a beta of 1.23.

dotdigital Group Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 31st. Shareholders of record on Thursday, January 11th were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, January 11th. This represents a yield of 1.14%. This is a boost from dotdigital Group’s previous dividend of $0.98. dotdigital Group’s payout ratio is presently 2,500.00%.

About dotdigital Group

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.