Docebo (TSE:DCBO) Trading 0.3% Higher - Here's What Happened

Key Points

• Docebo Inc. shares have increased by 0.3%, trading at C$41.54 with a market cap of C$1.19 billion.
• ATB Capital has raised its price target for the stock from C$45.00 to C$50.00, while the average rating remains a "Hold" with a target price of C$62.33.
• The company operates an AI-powered learning management software platform, offering various tools to enhance training and learning experiences for businesses.

Docebo Inc. (TSE:DCBO - Get Free Report)'s share price traded up 0.3% on Monday . The stock traded as high as C$41.92 and last traded at C$41.54. 22,914 shares traded hands during trading, a decline of 63% from the average session volume of 62,194 shares. The stock had previously closed at C$41.42.

Wall Street Analyst Weigh In

Separately, ATB Capital boosted their price target on shares of Docebo from C$45.00 to C$50.00 in a research report on Monday, August 11th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of "Hold" and an average target price of C$62.33.

Docebo Price Performance

The company has a market cap of C$1.19 billion, a price-to-earnings ratio of 60.20 and a beta of 0.81. The company has a quick ratio of 3.25, a current ratio of 1.13 and a debt-to-equity ratio of 4.50. The company's fifty day moving average price is C$42.27 and its two-hundred day moving average price is C$40.75.

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.

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