dotdigital Group (LON:DOTD) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

dotdigital Group Plc (LON:DOTD) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 66.77 and traded as low as GBX 56.78. dotdigital Group shares last traded at GBX 57.20, with a volume of 286,169 shares trading hands.

Analyst Ratings Changes

A number of research firms have weighed in on DOTD. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 150 price objective on shares of dotdigital Group in a report on Tuesday, January 27th. Peel Hunt restated a “buy” rating and set a GBX 110 target price on shares of dotdigital Group in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, dotdigital Group currently has an average rating of “Buy” and an average target price of GBX 130.

dotdigital Group Stock Performance

The company has a quick ratio of 3.94, a current ratio of 3.05 and a debt-to-equity ratio of 3.24. The stock has a market capitalization of £173.46 million, a price-to-earnings ratio of 16.11, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The stock’s 50-day simple moving average is GBX 65.81 and its 200 day simple moving average is GBX 66.77.

Insider Buying and Selling

In other dotdigital Group news, insider John Conoley purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were acquired at an average cost of GBX 65 per share, for a total transaction of £6,500. 18.34% of the stock is currently owned by company insiders.

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.