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

dotdigital Group Plc (LON:DOTD) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 51.49 and traded as low as GBX 50.50. dotdigital Group shares last traded at GBX 50.60, with a volume of 1,199,554 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 135 price objective on shares of dotdigital Group in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 122.50.

dotdigital Group Price Performance

The company has a quick ratio of 3.94, a current ratio of 3.11 and a debt-to-equity ratio of 1.46. The firm’s 50 day simple moving average is GBX 46.84 and its 200 day simple moving average is GBX 51.29. The company has a market capitalization of £150.11 million, a PE ratio of 16.84, a price-to-earnings-growth ratio of 11.36 and a beta of 1.45.

dotdigital Group Company Profile

Dotdigital Group plc (AIM: DOTD) is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty.

Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.