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DocGo Inc (NASDAQ: DCGO) closed the day trading at $3.32 down -1.78% from the previous closing price of $3.38. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 0.62 million shares were traded. DCGO stock price reached its highest trading level at $3.4675 during the session, while it also had its lowest trading level at $3.28.
Ratios:
For a better understanding of DCGO, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 344795264 and an Enterprise Value of 329679104. As of this moment, DocGo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.73, and their Forward P/E ratio for the next fiscal year is 25.47. 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 1.07. Its current Enterprise Value per Revenue stands at 0.444 whereas that against EBITDA is 5.151.
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 -4.88%, while the 200-Day Moving Average is calculated to be -7.94%.
Shares Statistics:
Over the past 3-months, DCGO traded about 661.58K shares per day on average, while over the past 10 days, DCGO traded about 591730 shares per day. 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 46.00% stake in the company. Shares short for DCGO as of 1726185600 were 7724076 with a Short Ratio of 11.68, compared to 1723680000 on 7900434. Therefore, it implies a Short% of Shares Outstanding of 7724076 and a Short% of Float of 7.6499999999999995.
