Docebo (TSE:DCBO) Hits New 12-Month Low - What's Next?

Docebo Inc. (TSE:DCBO - Get Free Report) hit a new 52-week low on Friday . The company traded as low as C$35.57 and last traded at C$35.61, with a volume of 68956 shares changing hands. The stock had previously closed at C$37.30.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DCBO shares. ATB Capital downgraded shares of Docebo from an "outperform" rating to a "sector perform" rating and decreased their target price for the company from C$75.00 to C$45.00 in a research note on Monday, May 12th. Cormark decreased their target price on shares of Docebo from C$60.00 to C$55.00 in a research note on Monday, May 12th.

Docebo Stock Down 4.5%

The company has a market cap of C$760.93 million, a P/E ratio of 42.33 and a beta of 1.36. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25. The company's 50-day moving average is C$39.54 and its two-hundred day moving average is C$51.27.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.