A share price of DocGo Inc [DCGO] is currently trading at $3.40, up 6.25%. 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 6.25% over the last week, with a monthly amount drifted -4.76%, and not 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.
DocGo Inc experienced fluctuations in its stock price throughout the past year between $2.75 and $6.90. Currently, Wall Street analysts expect the stock to reach $8.75 within the next 12 months. DocGo Inc [NASDAQ: DCGO] shares were valued at $3.40 at the most recent close of the market. An investor can expect a potential return of 157.35% based on the average DCGO price forecast.
Analyzing the DCGO fundamentals
Trailing Twelve Months sales for DocGo Inc [NASDAQ:DCGO] were 742.84M which represents 31.45% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
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 3.30 points at the first support level, and at 3.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.46, and for the 2nd resistance point, it is at 3.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for DocGo Inc [NASDAQ:DCGO] 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 0.47, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 12.01.
Transactions by insiders
Recent insider trading involved Burdiek Michael J, Director, that happened on May 14 ’24 when 10000.0 shares were purchased. General Counsel and Secretary, Tendler Ely D completed a deal on May 13 ’24 to buy 10000.0 shares. Meanwhile, Chief Executive Officer Bienstock Lee bought 25000.0 shares on May 13 ’24.
