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

dotdigital Group Plc (LON:DOTD) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 69.45 and traded as low as GBX 64.80. dotdigital Group shares last traded at GBX 67, with a volume of 91,649 shares changing hands.

Analyst Ratings Changes

A number of research analysts have weighed in on DOTD shares. Peel Hunt reiterated a “buy” rating and issued a GBX 110 target price on shares of dotdigital Group in a research note on Tuesday, November 4th. 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. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, dotdigital Group presently has a consensus rating of “Buy” and a consensus target price of GBX 130.

dotdigital Group Price Performance

The firm’s 50 day moving average price is GBX 66.65 and its two-hundred day moving average price is GBX 69.45. 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 cap of £206.22 million, a PE ratio of 18.87, a P/E/G ratio of 11.36 and a beta of 1.16.

dotdigital Group (LON:DOTD) last announced its quarterly earnings results on Tuesday, November 4th. The company reported GBX 4.93 EPS for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. On average, research analysts expect that dotdigital Group Plc will post 4.6030099 earnings per share for the current year.

Insider Activity at dotdigital Group

In related news, insider John Conoley purchased 13,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was purchased at an average cost of GBX 70 per share, with a total value of £9,100. Insiders acquired 33,000 shares of company stock valued at $2,200,000 over the last three months. 18.17% of the stock is owned by company insiders.

About dotdigital Group

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.