Duck Creek Technologies Inc. (NASDAQ: DCT) is 57.01% higher on its value in year-to-date trading and has touched a low of $10.04 and a high of $26.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DCT stock was last observed hovering at around $18.95 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $18.92, the stock is 5.40% and 34.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.16% at the moment leaves the stock 33.02% off its SMA200. DCT registered -27.59% loss for a year compared to 6-month loss of 31.85%.
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The stock witnessed a 52.33% gain in the last 1 month and extending the period to 3 months gives it a 58.72%, and is -0.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.54% over the week and 2.14% over the month.
Duck Creek Technologies Inc. (DCT) has around 1883 employees, a market worth around $2.57B and $310.10M in sales. Fwd P/E is 98.03. Profit margin for the company is -4.60%. Distance from 52-week low is 88.44% and -28.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.90%).
Duck Creek Technologies Inc. (DCT) Analyst Forecasts
Duck Creek Technologies Inc. is expected to release its quarterly report on 04/03/2023.The EPS is expected to grow by 51.20% this year
Duck Creek Technologies Inc. (DCT) Top Institutional Holders
The shares outstanding are 132.75M, and float is at 95.38M with Short Float at 2.27%.
Duck Creek Technologies Inc. (DCT) Insider Activity
A total of 13 insider transactions have happened at Duck Creek Technologies Inc. (DCT) in the last six months, with sales accounting for 0 and purchases happening 13 times. The most recent transaction is an insider purchase by Harris Eva F., the company’s Chief Strategy Officer. SEC filings show that Harris Eva F. bought 3,516 shares of the company’s common stock on Jul 01 at a price of $14.25 per share for a total of $50103.0. Following the purchase, the insider now owns 76901.0 shares.
Duck Creek Technologies Inc. disclosed in a document filed with the SEC on Apr 25 that RHODES KEVIN R (Chief Financial Officer) bought a total of 3,000 shares of the company’s common stock. The trade occurred on Apr 25 and was made at $16.66 per share for $49980.0. Following the transaction, the insider now directly holds 0.14 million shares of the DCT stock.
Still, SEC filings show that on Feb 11, Foster Matthew R. (Chief Operating Officer) disposed off 25,000 shares at an average price of $23.50 for $0.59 million. The insider now directly holds 548,184 shares of Duck Creek Technologies Inc. (DCT).