Docebo (TSE:DCBO) Hits New 12-Month Low - Should You Sell?

Docebo Inc. (TSE:DCBO - Get Free Report) shares hit a new 52-week low during mid-day trading on Saturday . The company traded as low as C$36.42 and last traded at C$36.94, with a volume of 420789 shares traded. The stock had previously closed at C$44.56.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DCBO. ATB Capital lowered Docebo from an "outperform" rating to a "sector perform" rating and dropped their price target for the stock from C$75.00 to C$45.00 in a research note on Monday. Cormark lowered their price target on Docebo from C$60.00 to C$55.00 in a report on Monday.

Docebo Stock Performance

The stock has a market cap of C$782.30 million, a P/E ratio of 43.52 and a beta of 1.36. The stock has a fifty day simple moving average of C$41.88 and a 200-day simple moving average of C$55.92. The company has a debt-to-equity ratio of 4.50, a quick ratio of 3.25 and a current ratio of 1.13.

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.