Docebo (TSE:DCBO) Trading Down 0.5% - Should You Sell?

Key Points

• Docebo Inc. stock (TSE:DCBO) decreased by 0.5%, trading at C$42.79 after a low of C$42.69 during mid-day trading on Friday.
• Analyst opinions vary: Cormark lowered its price target from C$60.00 to C$55.00, while ATB Capital raised theirs from C$45.00 to C$50.00, with an overall consensus rating of "Hold" and a target price of C$62.33.
• Docebo operates as a learning management software company, providing an AI-powered platform for training workforces and offers a variety of tools including personalized learning and content creation capabilities.

Shares of Docebo Inc. (TSE:DCBO - Get Free Report) dropped 0.5% on Friday . The company traded as low as C$42.69 and last traded at C$42.79. Approximately 32,570 shares traded hands during trading, a decline of 49% from the average daily volume of 64,434 shares. The stock had previously closed at C$43.01.

Wall Street Analyst Weigh In

DCBO has been the topic of a number of recent analyst reports. ATB Capital boosted their target price on Docebo from C$45.00 to C$50.00 in a report on Monday, August 11th. Cormark decreased their target price on Docebo from C$60.00 to C$55.00 in a report on Monday, May 12th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$62.33.

Docebo Trading Up 0.1%

The business has a 50-day moving average price of C$41.46 and a two-hundred day moving average price of C$41.83. The stock has a market capitalization of C$1.22 billion, a P/E ratio of 61.43 and a beta of 0.84. The company has a current ratio of 1.13, a quick ratio of 3.25 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.