dotdigital Group (LON:DOTD) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• dotdigital shares passed below its 200-day moving average
• Analysts remain constructive—Canaccord Genuity reaffirmed a Buy rating with a GBX 150 target and the consensus rating is Buy with a GBX 130 target.
• Insiders have been buying (29,081 shares in the past three months) and own 18.34% of the stock, while the company shows a market cap of £144.39m, trailing P/E of 16.20 and reported GBX 2.29 EPS for the quarter.

dotdigital Group Plc (LON:DOTD - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 61.14 and traded as low as GBX 45.50. dotdigital Group shares last traded at GBX 47.61, with a volume of 1,460,756 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 150 target price on shares of dotdigital Group in a research note on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, dotdigital Group currently has a consensus rating of "Buy" and a consensus target price of GBX 130.

dotdigital Group Stock Performance

The stock has a market cap of £144.39 million, a P/E ratio of 16.20, a PEG ratio of 11.36 and a beta of 1.51. The business has a 50 day moving average price of GBX 50.42 and a 200 day moving average price of GBX 61.14. The company has a quick ratio of 3.94, a current ratio of 3.11 and a debt-to-equity ratio of 1.46.

dotdigital Group (LON:DOTD - Get Free Report) last released its earnings results on Tuesday, March 10th. The company reported GBX 2.29 EPS for the quarter. dotdigital Group had a return on equity of 8.80% and a net margin of 10.76%. As a group, sell-side analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current year.

Insider Activity at dotdigital Group

In other news, insider Thomas (Tom) Oliver Mullan acquired 17,158 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The shares were bought at an average price of GBX 52 per share, with a total value of £8,922.16. Also, insider John Conoley acquired 10,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average cost of GBX 53 per share, for a total transaction of £5,300. In the last three months, insiders purchased 29,081 shares of company stock worth $1,522,212. 18.34% of the stock is owned by insiders.

About dotdigital Group

Dotdigital Group plc AIM: DOTD is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. 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. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty. Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.

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