dotdigital Group (LON:DOTD) Stock Crosses Below 50-Day Moving Average – Time to Sell?

dotdigital Group Plc (LON:DOTD)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 66.89 and traded as low as GBX 66.57. dotdigital Group shares last traded at GBX 67.82, with a volume of 310,819 shares.

Analyst Ratings Changes

DOTD has been the topic of several recent research reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 150 price target on shares of dotdigital Group in a report on Tuesday, November 4th. Peel Hunt reissued a “buy” rating and issued a GBX 110 price objective on shares of dotdigital Group in a report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 130.

dotdigital Group Price Performance

The stock has a market capitalization of £208.75 million, a PE ratio of 19.10, a P/E/G ratio of 11.36 and a beta of 1.16. 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 stock’s fifty day moving average is GBX 66.89 and its 200-day moving average is GBX 69.05.

dotdigital Group (LON:DOTD) last released its quarterly earnings data on Tuesday, November 4th. The company reported GBX 4.93 earnings per share for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. As a group, equities analysts predict that dotdigital Group Plc will post 4.6030099 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other dotdigital Group news, insider John Conoley purchased 13,000 shares of the stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of GBX 70 per share, for a total transaction of £9,100. Over the last ninety days, insiders bought 33,000 shares of company stock valued at $2,200,000. Corporate insiders own 18.17% of the company’s stock.

dotdigital Group Company Profile

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. 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.