Docebo (TSE:DCBO) Stock Price Down 1% - Should You Sell?

Shares of Docebo Inc. (TSE:DCBO - Get Free Report) were down 1% during trading on Tuesday . The stock traded as low as C$43.26 and last traded at C$43.44. Approximately 44,616 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 55,802 shares. The stock had previously closed at C$43.88.

Analyst Upgrades and Downgrades

Separately, ATB Capital raised shares of Docebo from a "sector perform" rating to an "outperform" rating in a report on Monday, March 3rd.

Docebo Trading Down 1.0 %

The company has a current ratio of 1.13, a quick ratio of 3.25 and a debt-to-equity ratio of 4.50. The firm has a market capitalization of C$928.25 million, a PE ratio of 51.64 and a beta of 1.36. The business has a 50 day moving average price of C$42.69 and a 200-day moving average price of C$56.87.

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.

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