dotdigital Group (LON:DOTD) Stock Price Crosses Below 200-Day Moving Average - Here's Why

Key Points

• dotdigital Group's share price has fallen below its 200-day moving average of GBX 77.42, with recent trading as low as GBX 68.
• Analysts at Canaccord Genuity Group maintain a "buy" rating on the stock, setting a price target of GBX 150.
• The company's stock has a market capitalization of £208.84 million and a debt-to-equity ratio of 3.24, highlighting its financial leverage.

dotdigital Group Plc (LON:DOTD - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 77.42 ($1.05) and traded as low as GBX 68 ($0.92). dotdigital Group shares last traded at GBX 69 ($0.94), with a volume of 313,800 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 150 ($2.03) target price on shares of dotdigital Group in a report on Monday, July 28th.

dotdigital Group Price Performance

The company has a debt-to-equity ratio of 3.24, a current ratio of 3.05 and a quick ratio of 3.94. The stock has a 50 day simple moving average of GBX 73.81 and a two-hundred day simple moving average of GBX 77.06. The company has a market cap of £209.66 million, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16.

dotdigital Group Company Profile

Dotdigital Group plc AIM: DOTD is a leading provider of cross-channel marketing automation technology to marketing professionals. Dotdigital's customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale.