dotdigital Group (LON:DOTD) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

dotdigital Group Plc (LON:DOTD)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 87.59 ($1.13) and traded as low as GBX 72.10 ($0.93). dotdigital Group shares last traded at GBX 74 ($0.96), with a volume of 338,625 shares.

Wall Street Analyst Weigh In

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

dotdigital Group Trading Up 0.4 %

The company has a market capitalization of £224.97 million, a P/E ratio of 20.32, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. The company has a debt-to-equity ratio of 3.24, a current ratio of 3.05 and a quick ratio of 3.94. The firm has a fifty day moving average price of GBX 82.81 and a 200-day moving average price of GBX 87.49.

dotdigital Group (LON:DOTD) last released its 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 return on equity of 11.80% and a net margin of 14.01%. On average, equities research analysts anticipate that dotdigital Group Plc will post 4.6030099 earnings per share for the current 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 issued a GBX 1.10 ($0.01) dividend. 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. This represents a dividend yield of 1.21%. dotdigital Group’s dividend payout ratio is currently 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.