DocGo Inc (NASDAQ:DCGO) price on Wednesday, May 09, fall -1.69% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.50.
A look at the stock’s price movement, the close in the last trading session was $3.56. The PE ratio in trailing twelve months stood at 53.93. Turning to its 52-week performance, $10.82 and $2.78 were the 52-week high and 52-week low respectively. Overall, DCGO moved -9.09% over the past month.
DocGo Inc’s market cap currently stands at around $357.11 million.
Analysts have a consensus estimate of 187.93M for the company’s revenue for the quarter, with a low and high estimate of 181.52M and 202.9M respectively. The average forecast suggests up to a 68.50% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 714.32M, representing a 14.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DCGO is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 1.74, with DCGO’s current price about 1.12% and -5.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.88, while 7-day volatility ratio is 4.97% and 6.07% in the 30-day chart. Further, DocGo Inc (DCGO) has a beta value of 0.97, and an average true range (ATR) of 0.20.
If we refocus on DocGo Inc (NASDAQ:DCGO), historical trading data shows that trading volumes averaged 1.02 million over the past 3 months. The company’s latest data on shares outstanding shows there are 104.06 million shares.
The 16.97% of DocGo Inc’s shares are in the hands of company insiders while institutional holders own 47.72% of the company’s shares. Current price change has pushed the stock -37.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DCGO stock continues to rise going into the next quarter.
