Doximity Inc (NYSE: DOCS) is 54.46% higher on its value in year-to-date trading and has touched a low of $19.89 and a high of $44.88 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 DOCS stock was last observed hovering at around $43.35 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $43.31, the stock is 2.26% and 14.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.09% at the moment leaves the stock 44.08% off its SMA200. DOCS registered 94.48% gain for a year compared to 6-month gain of 67.41%. The firm has a 50-day simple moving average (SMA 50) of $37.7306 and a 200-day simple moving average (SMA200) of $30.0593.
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The stock witnessed a 13.32% loss in the last 1 month and extending the period to 3 months gives it a 52.18%, and is -1.19% 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 2.73% over the week and 2.34% over the month.
Doximity Inc (DOCS) has around 827 employees, a market worth around $8.04B and $493.63M in sales. Current P/E ratio is 54.46 and Fwd P/E is 38.83. Profit margin for the company is 32.53%. Distance from 52-week low is 117.75% and -3.50% from its 52-week high. The company has generated returns on investments over the last 12 months (17.35%).
with sales reaching $127.15M over the same period.The EPS is expected to grow by 10.73% this year, but quarterly earnings will post 9.40% year-over-year.
Doximity Inc (DOCS) Top Institutional Holders
461.0 institutions hold shares in Doximity Inc (DOCS), with institutional investors hold 96.27% of the company’s shares. The shares outstanding are 124.10M, and float is at 120.81M with Short Float at 8.67%. Institutions hold 93.78% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.77 million shares valued at $301.12 million. The investor’s holdings represent 5.661% of the DOCS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.55 million shares valued at $294.98 million to account for 5.5457 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 6.92 million shares representing 3.6402% and valued at over $193.62 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 3.3675 of the shares totaling 6.4 million with a market value of $179.12 million.
Doximity Inc (DOCS) Insider Activity
The most recent transaction is an insider sale by Wampler Kira Scherer, the company’s Director. SEC filings show that Wampler Kira Scherer sold 2,500 shares of the company’s common stock on Oct 01 ’24 at a price of $43.44 per share for a total of $0.11 million. Following the sale, the insider now owns 16618.0 shares.
Still, SEC filings show that on Sep 03 ’24, Wampler Kira Scherer (Director) disposed off 2,500 shares at an average price of $36.27 for $90675.0. The insider now directly holds 16,618 shares of Doximity Inc (DOCS).
