dotdigital Group (LON:DOTD) Hits New 1-Year Low – Time to Sell?

dotdigital Group Plc (LON:DOTD)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 58 and last traded at GBX 60, with a volume of 2195976 shares traded. The stock had previously closed at GBX 61.20.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DOTD. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 150 price objective on shares of dotdigital Group in a research note on Tuesday, January 27th. Peel Hunt reaffirmed a “buy” rating and set a GBX 110 target price on shares of dotdigital Group in a report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, dotdigital Group currently has a consensus rating of “Buy” and a consensus target price of GBX 130.

dotdigital Group Stock Performance

The company has a debt-to-equity ratio of 3.24, a quick ratio of 3.94 and a current ratio of 3.05. The business’s fifty day moving average price is GBX 66.59 and its two-hundred day moving average price is GBX 67.30. The stock has a market capitalization of £181.95 million, a P/E ratio of 16.90, a P/E/G ratio of 11.36 and a beta of 1.16.

Insiders Place Their Bets

In other news, insider John Conoley acquired 10,000 shares of the company’s stock in a transaction on Monday, December 15th. The stock was bought at an average cost of GBX 65 per share, with a total value of £6,500. Insiders own 18.34% of the company’s stock.

About dotdigital Group

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.