Shares of Docebo Inc. (TSE:DCBO – Get Rating) rose 1.7% on Friday . The stock traded as high as C$48.74 and last traded at C$48.74. Approximately 50,057 shares were traded during trading, an increase of 13% from the average daily volume of 44,212 shares. The stock had previously closed at C$47.92.
Analyst Ratings Changes
DCBO has been the subject of several research analyst reports. Cormark lowered their target price on shares of Docebo from C$74.00 to C$72.00 in a research note on Friday, March 10th. CIBC raised their price objective on shares of Docebo from C$66.00 to C$69.50 and gave the company an “outperform” rating in a research note on Friday, March 10th.
Docebo Stock Up 1.7 %
The business’s fifty day moving average price is C$47.85 and its 200 day moving average price is C$48.49. The firm has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 78.61 and a beta of 1.54. The company has a current ratio of 2.96, a quick ratio of 3.25 and a debt-to-equity ratio of 1.57.
Docebo Company Profile
Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America, Europe, and the Asia-Pacific region. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; and Docebo Content that provides off-the-shelf learning content by partnering content specialist.
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