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The price of DocGo Inc (NASDAQ: DCGO) closed at $4.16 in the last session, up 3.48% from day before closing price of $4.02. In other words, the price has increased by $3.48 from its previous closing price. On the day, 1.09 million shares were traded. DCGO stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $4.05.
Ratios:
We take a closer look at DCGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.36. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 424532160 and an Enterprise Value of 391748064. As of this moment, DocGo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.37, and their Forward P/E ratio for the next fiscal year is 60.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 0.564 whereas that against EBITDA is 6.001.
Stock Price History:
Over the past 52 weeks, DCGO has reached a high of $6.31, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is 20.12%, while the 200-Day Moving Average is calculated to be 20.99%.
Shares Statistics:
According to the various share statistics, DCGO traded on average about 510.37K shares per day over the past 3-months and 922330 shares per day over the past 10 days. A total of 104.06M shares are outstanding, with a floating share count of 83.03M. Insiders hold about 18.64% of the company’s shares, while institutions hold 46.54% stake in the company. Shares short for DCGO as of 1728950400 were 7280499 with a Short Ratio of 13.96, compared to 1726185600 on 7724076. Therefore, it implies a Short% of Shares Outstanding of 7280499 and a Short% of Float of 7.21.
