Doximity Inc (NYSE: DOCS) is 85.59% higher on its value in year-to-date trading and has touched a low of $22.96 and a high of $61.75 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 $52.86 in the last trading session, with the day’s loss setting it -0.82%.
Currently trading at $52.04, the stock is 13.98% and 20.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing -1.55% at the moment leaves the stock 62.55% off its SMA200. DOCS registered 104.88% gain for a year compared to 6-month gain of 119.21%. The firm has a 50-day simple moving average (SMA 50) of $42.8212 and a 200-day simple moving average (SMA200) of $31.88925.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 17.18% loss in the last 1 month and extending the period to 3 months gives it a 45.57%, and is 19.85% up 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 6.85% over the week and 3.57% over the month.
Doximity Inc (DOCS) has around 827 employees, a market worth around $9.72B and $516.85M in sales. Current P/E ratio is 59.87 and Fwd P/E is 42.72. Profit margin for the company is 33.69%. Distance from 52-week low is 126.66% and -15.72% from its 52-week high. The company has generated returns on investments over the last 12 months (17.90%).
The EPS is expected to grow by 19.14% this year
480.0 institutions hold shares in Doximity Inc (DOCS), with institutional investors hold 96.03% of the company’s shares. The shares outstanding are 124.10M, and float is at 120.56M with Short Float at 9.05%. Institutions hold 93.40% 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 Bryson Anna, the company’s Chief Financial Officer. SEC filings show that Bryson Anna sold 100,000 shares of the company’s common stock on Nov 12 ’24 at a price of $58.42 per share for a total of $5.84 million. Following the sale, the insider now owns 0.3 million shares.
Still, SEC filings show that on Nov 12 ’24, ANNA COLLINS BRYSON (Officer) Proposed Sale 30,000 shares at an average price of $59.29 for $1.78 million. The insider now directly holds shares of Doximity Inc (DOCS).
