dotdigital Group (LON:DOTD) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

dotdigital Group Plc (LON:DOTD) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 48.92 and traded as high as GBX 51.30. dotdigital Group shares last traded at GBX 50.62, with a volume of 447,208 shares trading hands.

Analysts Set New Price Targets

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

dotdigital Group Stock Down 1.1%

The company has a debt-to-equity ratio of 1.46, a current ratio of 3.11 and a quick ratio of 3.94. The business has a 50 day moving average price of GBX 49.50 and a 200 day moving average price of GBX 48.92. The firm has a market capitalization of £153.51 million, a P/E ratio of 17.22, a price-to-earnings-growth ratio of 11.36 and a beta of 1.46.

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.