dotdigital Group (LON:DOTD) Sets New 12-Month Low – Here’s What Happened

dotdigital Group Plc (LON:DOTD) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 42 and last traded at GBX 42.05, with a volume of 976255 shares traded. The stock had previously closed at GBX 42.90.

Wall Street Analysts Forecast Growth

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

dotdigital Group Price Performance

The business’s 50-day simple moving average is GBX 47.48 and its 200 day simple moving average is GBX 55.38. The company has a market capitalization of £128.27 million, a P/E ratio of 14.39, a P/E/G ratio of 11.36 and a beta of 1.43. The company has a current ratio of 3.11, a quick ratio of 3.94 and a debt-to-equity ratio of 1.46.

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.