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In the latest session, DocGo Inc (NASDAQ: DCGO) closed at $3.35 down -3.46% from its previous closing price of $3.47. In other words, the price has decreased by -$3.46 from its previous closing price. On the day, 0.59 million shares were traded. DCGO stock price reached its highest trading level at $3.535 during the session, while it also had its lowest trading level at $3.31.
Ratios:
For a deeper understanding of DocGo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on August 18, 2023, initiated with a Buy rating and assigned the stock a target price of $15.
On April 21, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.
On April 19, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $11.Deutsche Bank initiated its Buy rating on April 19, 2022, with a $11 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 14 ’24 when Burdiek Michael J bought 10,000 shares for $3.40 per share. The transaction valued at 34,000 led to the insider holds 581,595 shares of the business.
Tendler Ely D bought 10,000 shares of DCGO for $31,300 on May 13 ’24. The General Counsel and Secretary now owns 162,933 shares after completing the transaction at $3.13 per share. On May 13 ’24, another insider, Bienstock Lee, who serves as the Chief Executive Officer of the company, bought 25,000 shares for $3.15 each. As a result, the insider paid 78,750 and bolstered with 1,220,845 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DCGO now has a Market Capitalization of 342761952 and an Enterprise Value of 332748640. As of this moment, DocGo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.84, and their Forward P/E ratio for the next fiscal year is 25.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 0.448 whereas that against EBITDA is 5.199.
Stock Price History:
Over the past 52 weeks, DCGO has reached a high of $6.90, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is -3.88%, while the 200-Day Moving Average is calculated to be -8.12%.
Shares Statistics:
For the past three months, DCGO has traded an average of 676.88K shares per day and 513050 over the past ten days. A total of 104.06M shares are outstanding, with a floating share count of 83.22M. Insiders hold about 18.67% of the company’s shares, while institutions hold 45.91% stake in the company. Shares short for DCGO as of 1724976000 were 7789143 with a Short Ratio of 11.51, compared to 1722384000 on 7848565. Therefore, it implies a Short% of Shares Outstanding of 7789143 and a Short% of Float of 7.71.
