Docebo (TSE:DCBO) Reaches New 52-Week Low – Should You Sell?

Docebo Inc. (TSE:DCBO) hit a new 52-week low on Wednesday . The company traded as low as C$28.76 and last traded at C$28.93, with a volume of 56721 shares trading hands. The stock had previously closed at C$29.86.

Wall Street Analyst Weigh In

Separately, ATB Capital increased their price objective on Docebo from C$45.00 to C$50.00 in a report on Monday, August 11th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Docebo has a consensus rating of “Hold” and a consensus target price of C$52.50.

Docebo Stock Down 1.1%

The company has a market capitalization of C$830.44 million, a PE ratio of 39.59 and a beta of 0.64. The company has a current ratio of 1.13, a quick ratio of 3.25 and a debt-to-equity ratio of 4.50. The firm has a 50 day simple moving average of C$36.96 and a two-hundred day simple moving average of C$38.98.

Docebo (TSE:DCBO) last released its quarterly earnings results on Friday, November 7th. The company reported C$0.21 EPS for the quarter. Docebo had a return on equity of 36.48% and a net margin of 8.63%.The business had revenue of C$85.80 million during the quarter. Research analysts expect that Docebo Inc. will post 1.6842684 EPS for the current year.

About Docebo

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America.