dotdigital Group (LON:DOTD) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

dotdigital Group Plc (LON:DOTD) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 48.52 and traded as low as GBX 48. dotdigital Group shares last traded at GBX 48.70, with a volume of 1,299,580 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 135 target price 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 data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 122.50.

dotdigital Group Price Performance

The company’s 50-day simple moving average is GBX 49.96 and its 200-day simple moving average is GBX 48.45. 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 stock has a market capitalization of £147.23 million, a price-to-earnings ratio of 16.51, a P/E/G ratio of 11.36 and a beta of 1.46.

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.