DocGo Inc (NASDAQ: DCGO) is -32.31% 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 $3.05 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $2.87, the stock is -26.78% and -33.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -5.90% at the moment leaves the stock -22.98% off its SMA200. DCGO registered -24.27% loss for a year compared to 6-month gain of -18.47%. The firm has a 50-day simple moving average (SMA 50) of $4.3222 and a 200-day simple moving average (SMA200) of $3.726275.
The stock witnessed a -47.34% loss in the last 1 month and extending the period to 3 months gives it a -30.34%, and is -2.05% 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 8.05% over the week and 7.14% over the month.
DocGo Inc (DCGO) has around 4400 employees, a market worth around $292.69M and $616.56M in sales. Current P/E ratio is 15.55 and Fwd P/E is 45.92. Profit margin for the company is 3.24%. Distance from 52-week low is 4.36% and -49.43% from its 52-week high. The company has generated returns on investments over the last 12 months (5.89%).
The EPS is expected to shrink by -122.22% this year
174.0 institutions hold shares in DocGo Inc (DCGO), with institutional investors hold 57.24% of the company’s shares. The shares outstanding are 101.91M, and float is at 87.21M with Short Float at 8.84%. Institutions hold 52.45% of the Float.
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).
