dotdigital Group (LON:DOTD) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

dotdigital Group Plc (LON:DOTD) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 86.70 ($1.12) and traded as low as GBX 71.70 ($0.93). dotdigital Group shares last traded at GBX 71.70 ($0.93), with a volume of 615,725 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 150 ($1.94) target price on shares of dotdigital Group in a research report on Tuesday, February 25th.

dotdigital Group Stock Performance

The company has a market cap of £219.13 million, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The stock’s fifty day simple moving average is GBX 81.55 and its two-hundred day simple moving average is GBX 86.70. The company has a debt-to-equity ratio of 3.24, a quick ratio of 3.94 and a current ratio of 3.05.

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

dotdigital Group Increases Dividend

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