Docebo (TSE:DCBO) Director Alessio Artuffo Sells 453 Shares

Docebo Inc. (TSE:DCBO) Director Alessio Artuffo sold 453 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of C$23.71, for a total value of C$10,740.63. Following the completion of the sale, the director directly owned 35,785 shares in the company, valued at approximately C$848,462.35. The trade was a 1.25% decrease in their ownership of the stock.

Docebo Stock Down 2.1%

Shares of TSE DCBO opened at C$23.87 on Friday. The firm has a market cap of C$605.89 million, a price-to-earnings ratio of 20.40 and a beta of 0.04. The company’s 50-day simple moving average is C$24.76 and its 200-day simple moving average is C$26.02. The company has a quick ratio of 3.25, a current ratio of 0.79 and a debt-to-equity ratio of -13,603.61. Docebo Inc. has a 52-week low of C$19.87 and a 52-week high of C$45.62.

Docebo (TSE:DCBO) last issued its quarterly earnings results on Friday, May 8th. The company reported C$0.47 EPS for the quarter. The firm had revenue of C$91.23 million during the quarter. Docebo had a return on equity of 90.80% and a net margin of 13.90%. Equities analysts predict that Docebo Inc. will post 1.6842684 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on DCBO shares. ATB Cormark Capital Markets increased their price target on shares of Docebo from C$35.00 to C$36.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. TD Securities lowered their target price on shares of Docebo from C$37.00 to C$28.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$32.00.

Docebo Company Profile

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.