DocGo Inc (NASDAQ:DCGO) shares, rose in value, with the stock price down by -3.20% to the previous day’s close as strong demand from buyers drove the stock to $2.12.
Actively observing the price movement in the last trading, the stock closed the session at $2.19, falling within a range of $2.095 and $2.21. The value of beta (5-year monthly) was 1.119 whereas the PE ratio was 11.48 over 12-month period. Referring to stock’s 52-week performance, its high was $5.68, and the low was $2.16. On the whole, DCGO has fluctuated by -24.82% over the past month.
With the market capitalization of DocGo Inc currently standing at about $211.88 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 410.48M, with a low estimate of 84.4M and a high estimate of 123.88M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 104.25M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DCGO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of DCGO currently trading nearly -16.72% and -37.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 20.77, while the 7-day volatility ratio is showing 7.62% which for the 30-day chart, stands at 5.93%. Furthermore, DocGo Inc (DCGO)’s beta value is 1.17, and its average true range (ATR) is 0.18.
A comparison of DocGo Inc (DCGO) with its peers suggests the former has fared considerably weaker in the market. DCGO showed an intraday change of -3.20% in last session, and over the past year, it shrunk by -34.97%%.
Data on historical trading for DocGo Inc (NASDAQ:DCGO) indicates that the trading volumes over the past 10 days have averaged 0.98 and over the past 3 months, they’ve averaged 913.52K. According to company’s latest data on outstanding shares, there are 101.91 million shares outstanding.
Nearly 13.28% of DocGo Inc’s shares belong to company insiders and institutional investors own 48.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.9 million shares as on 2025-03-31, resulting in a short ratio of 5.06. According to the data, the short interest in DocGo Inc (DCGO) stood at 586.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 7.71 million. The stock has fallen by -50.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DCGO stock heading into the next quarter.
