Docebo (TSE:DCBO) Hits New 12-Month Low – Here’s Why

Shares of Docebo Inc. (TSE:DCBO) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$27.99 and last traded at C$28.06, with a volume of 71264 shares trading hands. The stock had previously closed at C$29.07.

Docebo Stock Down 1.3%

The firm’s 50-day moving average price is C$30.16 and its 200 day moving average price is C$36.77. The firm has a market cap of C$787.34 million, a P/E ratio of 37.53 and a beta of 0.60. The company has a quick ratio of 3.25, a current ratio of 1.13 and a debt-to-equity ratio of 4.50.

Docebo (TSE:DCBO) last issued its quarterly earnings data on Friday, November 7th. The company reported C$0.34 earnings per share for the quarter. Docebo had a net margin of 8.63% and a return on equity of 36.48%. The firm had revenue of C$85.80 million for the quarter. As a group, research analysts expect that Docebo Inc. will post 1.6842684 earnings per share for the current year.

About Docebo

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.