Docebo (TSE:DCBO) Sets New 1-Year Low – Should You Sell?

Docebo Inc. (TSE:DCBO)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$41.82 and last traded at C$41.82, with a volume of 17598 shares changing hands. The stock had previously closed at C$53.85.

Wall Street Analyst Weigh In

Separately, Colliers Securities lifted their price target on Docebo from C$69.00 to C$82.00 in a research note on Monday, November 11th.

Docebo Stock Performance

The company has a quick ratio of 3.25, a current ratio of 1.13 and a debt-to-equity ratio of 4.50. The stock has a market capitalization of C$991.50 million, a P/E ratio of 55.16 and a beta of 1.36. The company has a 50-day moving average price of C$61.29 and a two-hundred day moving average price of C$62.56.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. 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; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.