DocGo Inc (NASDAQ:DCGO) price on Friday, May 02, rose 5.00% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.31.
A look at the stock’s price movement, the close in the last trading session was $2.20, moving within a range at $2.185 and $2.33. The beta value (5-Year monthly) was 1.119 while the PE ratio in trailing twelve months stood at 12.51. Turning to its 52-week performance, $5.68 and $2.02 were the 52-week high and 52-week low respectively. Overall, DCGO moved -14.13% over the past month.
DocGo Inc’s market cap currently stands at around $230.86 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 104.25M for the company’s revenue for the quarter, with a low and high estimate of 84.4M and 123.88M respectively. The average forecast suggests down to a -45.73% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 410.48M, representing a -33.42% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DCGO is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend DCGO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DCGO’s current price about 0.46% and -16.46% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.23, while 7-day volatility ratio is 4.80% and 6.06% in the 30-day chart. Further, DocGo Inc (DCGO) has a beta value of 1.14, and an average true range (ATR) of 0.14. Analysts have given the company’s stock an average 52-week price target of $2.85, forecast between a low of $2.85 and high of $2.85. Looking at the price targets, the low is -23.38% off current price level while to achieve the yearly target high, price needs to move -23.38%. Nonetheless, investors will most likely welcome a -23.38% jump to $2.85 which is the analysts’ median price.
If we refocus on DocGo Inc (NASDAQ:DCGO), historical trading data shows that trading volumes averaged 0.6 over the past 10 days and 922.64K over the past 3 months. The company’s latest data on shares outstanding shows there are 101.91 million shares.
The 13.28% of DocGo Inc’s shares are in the hands of company insiders while institutional holders own 49.00% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.58 million on 2025-04-15, giving us a short ratio of 7.55. The data shows that as of 2025-04-15 short interest in DocGo Inc (DCGO) stood at 654.0 of shares outstanding, with shares short rising to 6.54 million registered in 2025-03-14. Current price change has pushed the stock -45.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DCGO stock continues to rise going into the next quarter.
