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

dotdigital Group Plc (LON:DOTD)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 88.53 ($1.13) and traded as low as GBX 75.80 ($0.97). dotdigital Group shares last traded at GBX 76 ($0.97), with a volume of 1,462,024 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 150 ($1.92) target price on shares of dotdigital Group in a research report on Tuesday, February 25th.

dotdigital Group Trading Up 0.0 %

The firm’s 50-day moving average is GBX 85.05 and its 200 day moving average is GBX 88.53. The company has a current ratio of 3.05, a quick ratio of 3.94 and a debt-to-equity ratio of 3.24. The firm has a market capitalization of £232.29 million, a price-to-earnings ratio of 20.98, a P/E/G ratio of 11.36 and a beta of 1.16.

dotdigital Group (LON:DOTD) last released its quarterly earnings results on Tuesday, February 25th. The company reported GBX 2.58 ($0.03) earnings per share (EPS) for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. On average, equities analysts predict that dotdigital Group Plc will post 4.6030099 earnings per share for the current fiscal year.

dotdigital Group Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 9th were issued a dividend of GBX 1.10 ($0.01) per share. This is a positive change from dotdigital Group’s previous dividend of $1.00. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.21%. dotdigital Group’s dividend payout ratio (DPR) is presently 27.61%.

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.