Doximity (NYSE:DOCS) Shares Gap Up – Here’s What Happened

Doximity, Inc. (NYSE:DOCS)’s share price gapped up before the market opened on Monday . The stock had previously closed at $43.85, but opened at $46.65. Doximity shares last traded at $45.20, with a volume of 472,732 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Barclays raised shares of Doximity to a “strong-buy” rating in a research note on Monday, December 8th. Weiss Ratings began coverage on shares of Doximity in a report on Friday. They set a “hold (c+)” rating on the stock. Finally, Wall Street Zen upgraded Doximity from a “hold” rating to a “buy” rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Doximity presently has a consensus rating of “Buy”.

Doximity Trading Down 2.0%

The firm has a market cap of $8.24 billion, a PE ratio of 34.72, a PEG ratio of 2.08 and a beta of 1.38.

Doximity Company Profile

Doximity, Inc operates a cloud-based digital platform for medical professionals in the United States. The company’s cloud-based platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers.