DocGo Inc (NASDAQ: DCGO) is -7.55% lower on its value in year-to-date trading and has touched a low of $2.75 and a high of $5.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DCGO stock was last observed hovering at around $4.06 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $3.92, the stock is -21.05% and -14.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -3.45% at the moment leaves the stock 5.00% off its SMA200. DCGO registered 16.32% gain for a year compared to 6-month gain of 4.81%.
The stock witnessed a -17.99% loss in the last 1 month and extending the period to 3 months gives it a -7.76%, and is -22.07% 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 7.88% over the week and 5.33% over the month.
DocGo Inc (DCGO) has around 4100 employees, a market worth around $400.04M and $694.97M in sales. Current P/E ratio is 13.55 and Fwd P/E is 41.26. Profit margin for the company is 4.44%. Distance from 52-week low is 42.55% and -30.93% from its 52-week high. The company has generated returns on investments over the last 12 months (8.96%).
with sales reaching $111.93M over the same period.The EPS is expected to shrink by -62.96% this year, but quarterly earnings will post -32.10% year-over-year. Quarterly sales are estimated to shrink -41.73% in year-over-year returns.
The shares outstanding are 101.98M, and float is at 87.27M with Short Float at 7.51%.
The top institutional shareholder in the company is DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) with over 7.2 million shares valued at $22.24 million. The investor’s holdings represent 7.0659 of the DCGO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.04 million shares valued at $21.74 million to account for 6.778 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.81 million shares representing 4.6378 and valued at over $14.88 million, while KNOTT DAVID M JR holds 3.0153 of the shares totaling 3.07 million with a market value of $9.49 million.
DocGo Inc (DCGO) Insider Activity
DocGo Inc disclosed in a document filed with the SEC on Dec 17 ’24 that Leite Etalvina (Director) sold a total of 16,500 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $4.34 per share for $71610.0. Following the transaction, the insider now directly holds 51411.0 shares of the DCGO stock.
Still, SEC filings show that on Dec 16 ’24, Tendler Ely D (General Counsel and Secretary) disposed off 23,088 shares at an average price of $4.44 for $0.1 million. The insider now directly holds 175,645 shares of DocGo Inc (DCGO).
