dotdigital Group (LON:DOTD) Shares Cross Below 200-Day Moving Average – Time to Sell?

dotdigital Group Plc (LON:DOTD)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 66.77 and traded as low as GBX 56.78. dotdigital Group shares last traded at GBX 57.20, with a volume of 286,169 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have commented on DOTD shares. Peel Hunt reissued a “buy” rating and set a GBX 110 price objective on shares of dotdigital Group in a report on Tuesday, November 4th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 150 price target on shares of dotdigital Group in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, dotdigital Group presently has a consensus rating of “Buy” and an average target price of GBX 130.

dotdigital Group Stock Performance

The stock has a 50-day moving average of GBX 65.81 and a 200 day moving average of GBX 66.77. 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 has a market capitalization of £173.46 million, a price-to-earnings ratio of 16.11, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16.

Insider Activity at dotdigital Group

In other dotdigital Group news, insider John Conoley purchased 10,000 shares of the stock in a transaction dated Monday, December 15th. The stock was bought at an average price of GBX 65 per share, for a total transaction of £6,500. 18.34% of the stock is currently owned by corporate insiders.

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.