dotdigital Group (LON:DOTD) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

dotdigital Group Plc (LON:DOTD)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 75.06 ($1.00) and traded as high as GBX 90 ($1.20). dotdigital Group shares last traded at GBX 87.20 ($1.16), with a volume of 372,465 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 150 ($2.00) price objective on shares of dotdigital Group in a research report on Tuesday, February 25th.

dotdigital Group Stock Performance

The stock has a market capitalization of £265.85 million, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The company has a debt-to-equity ratio of 3.24, a current ratio of 3.05 and a quick ratio of 3.94. The stock has a 50-day moving average of GBX 75.06 and a 200 day moving average of GBX 82.85.

dotdigital Group (LON:DOTD) last issued its earnings results on Tuesday, February 25th. The company reported GBX 2.58 ($0.03) earnings per share (EPS) for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. On average, analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current year.

About dotdigital Group

Dotdigital Group plc (AIM: DOTD) is a leading provider of cross-channel marketing automation technology to marketing professionals. 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.