dotdigital Group (LON:DOTD) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

dotdigital Group Plc (LON:DOTD) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 73.75 ($0.99) and traded as low as GBX 65.40 ($0.88). dotdigital Group shares last traded at GBX 68.40 ($0.92), with a volume of 449,846 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 150 target price on shares of dotdigital Group in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, dotdigital Group currently has an average rating of “Buy” and an average price target of GBX 150.

dotdigital Group Trading Down 1.2%

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 firm has a market capitalization of £207.88 million, a PE ratio of 1,883.01, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The business’s 50-day moving average price is GBX 68.78 and its 200-day moving average price is GBX 73.75.

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.