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

dotdigital Group Plc (LON:DOTD) shares crossed 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 trading hands.

Wall Street Analyst Weigh In

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

dotdigital Group Stock Down 2.3 %

The company has a debt-to-equity ratio of 3.24, a quick ratio of 3.94 and a current ratio of 3.05. The stock has a market cap of £219.13 million, a price-to-earnings ratio of 19.79, a PEG ratio of 11.36 and a beta of 1.16. The firm’s 50-day simple moving average is GBX 81.55 and its two-hundred day simple moving average is GBX 86.70.

dotdigital Group (LON:DOTD) last posted its quarterly earnings data 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%. On average, sell-side analysts expect that dotdigital Group Plc will post 4.6030099 EPS for the current fiscal year.

dotdigital Group Increases Dividend

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