Docebo (TSE:DCBO) Shares Down 1.8% - What's Next?

Docebo Inc. (TSE:DCBO - Get Free Report) was down 1.8% during mid-day trading on Monday . The company traded as low as C$36.76 and last traded at C$36.83. Approximately 65,797 shares traded hands during trading, a decline of 6% from the average daily volume of 69,986 shares. The stock had previously closed at C$37.50.

Analysts Set New Price Targets

A number of analysts have recently issued reports on DCBO shares. Cormark dropped their price objective on shares of Docebo from C$60.00 to C$55.00 in a report on Monday, May 12th. ATB Capital downgraded shares of Docebo from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from C$75.00 to C$45.00 in a report on Monday, May 12th.

Docebo Trading Down 0.3%

The company has a market capitalization of C$792.13 million, a P/E ratio of 44.07 and a beta of 1.36. The stock's 50 day moving average is C$40.13 and its 200-day moving average is C$52.86. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.13 and a quick ratio of 3.25.

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.