Alessio Artuffo Sells 453 Shares of Docebo (TSE:DCBO) Stock

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 453 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of C$23.71, for a total value of C$10,740.63. Following the transaction, the director directly owned 35,785 shares of the company’s stock, valued at C$848,462.35. The trade was a 1.25% decrease in their position.

Docebo Stock Performance

TSE DCBO opened at C$24.62 on Friday. Docebo Inc. has a fifty-two week low of C$19.87 and a fifty-two week high of C$45.62. The stock has a market cap of C$624.93 million, a price-to-earnings ratio of 21.04 and a beta of 0.04. The business has a fifty day moving average of C$24.80 and a 200-day moving average of C$26.01. The company has a quick ratio of 3.25, a current ratio of 0.79 and a debt-to-equity ratio of -13,603.61.

Docebo (TSE:DCBO) last issued its quarterly earnings data on Friday, May 8th. The company reported C$0.47 earnings per share (EPS) for the quarter. The business had revenue of C$91.23 million for the quarter. Docebo had a return on equity of 90.80% and a net margin of 13.90%. As a group, analysts predict that Docebo Inc. will post 1.6842684 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DCBO. TD Securities decreased their price target on shares of Docebo from C$37.00 to C$28.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. ATB Cormark Capital Markets lifted their price target on shares of Docebo from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Docebo currently has a consensus rating of “Buy” and an average target price of C$32.00.

Docebo Company Profile

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.