DocGo Inc [DCGO] stock prices are up 21.40% to $3.63 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DCGO shares have gain 4.31% over the last week, with a monthly amount glided 27.82%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
DocGo Inc [NASDAQ: DCGO] stock has seen the most recent analyst activity on August 18, 2023, when BTIG Research initiated its Buy rating and assigned the stock a price target of $15. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on April 21, 2023, and set its price target to $11. On April 19, 2022, Deutsche Bank initiated with a Buy rating and assigned a price target of $11 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $14 on January 19, 2022. Canaccord Genuity initiated its recommendation with a Buy and recommended $13 as its price target on December 21, 2021. Needham started tracking with a Buy rating for this stock on December 07, 2021, and assigned it a price target of $14.
The stock price of DocGo Inc [DCGO] has been fluctuating between $2.75 and $10.82 over the past year. Currently, Wall Street analysts expect the stock to reach $8.75 within the next 12 months. DocGo Inc [NASDAQ: DCGO] shares were valued at $3.63 at the most recent close of the market. An investor can expect a potential return of 141.05% based on the average DCGO price forecast.
Analyzing the DCGO fundamentals
The DocGo Inc [NASDAQ:DCGO] reported sales of 742.84M for trailing twelve months, representing a surge of 31.45%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.28 points at the first support level, and at 2.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.95, and for the 2nd resistance point, it is at 4.27.
Ratios To Look Out For
It’s worth pointing out that DocGo Inc [NASDAQ:DCGO]’s Current Ratio is 2.13. As well, the Quick Ratio is 2.13, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 12.83.
Transactions by insiders
Recent insider trading involved Burdiek Michael J, Director, that happened on May 14 ’24 when 10000.0 shares were purchased. Chief Executive Officer, Bienstock Lee completed a deal on May 13 ’24 to buy 25000.0 shares. Meanwhile, General Counsel and Secretary Tendler Ely D bought 10000.0 shares on May 13 ’24.
