Docebo (TSE:DCBO) Sets New 1-Year Low - Should You Sell?

Docebo Inc. (TSE:DCBO - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as C$35.71 and last traded at C$35.90, with a volume of 32162 shares traded. The stock had previously closed at C$36.54.

Wall Street Analyst Weigh In

DCBO has been the topic of several analyst reports. Cormark dropped their price target on shares of Docebo from C$60.00 to C$55.00 in a research report on Monday, May 12th. ATB Capital cut Docebo from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from C$75.00 to C$45.00 in a research report on Monday, May 12th.

Docebo Stock Performance

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 firm has a fifty day simple moving average of C$40.82 and a 200 day simple moving average of C$53.94. The company has a market capitalization of C$795.34 million, a price-to-earnings ratio of 44.25 and a beta of 1.36.

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.