Docebo (TSE:DCBO) Rating Lowered to "Sector Perform" at ATB Capital

ATB Capital downgraded shares of Docebo (TSE:DCBO - Free Report) from an outperform rating to a sector perform rating in a research report report published on Monday morning,BayStreet.CA reports. ATB Capital currently has C$45.00 target price on the stock, down from their previous target price of C$75.00.

Separately, Cormark cut their price target on shares of Docebo from C$60.00 to C$55.00 in a report on Monday, May 12th.

Docebo Trading Up 1.1%

Shares of Docebo stock traded up C$0.40 on Monday, hitting C$37.32. The stock had a trading volume of 72,340 shares, compared to its average volume of 65,871. The stock has a market cap of C$797.47 million, a price-to-earnings ratio of 44.36 and a beta of 1.36. The stock's 50-day simple moving average is C$41.65 and its two-hundred day simple moving average is C$55.55. Docebo has a one year low of C$35.75 and a one year high of C$75.08. The company has a quick ratio of 3.25, a current ratio of 1.13 and a debt-to-equity ratio of 4.50.

About Docebo

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.