DocGo Inc (NASDAQ: DCGO) 5.31% Incline Turns Investors Off From Company Stock

CTK Stock

DocGo Inc (NASDAQ:DCGO) traded at $1.50 at last check on current trade day and made an upward move of 5.31% on its previous day’s price.

DocGo Inc has a market cap of $148.20 million and is expected to release its quarterly earnings report in July.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 77.58M, with a low of 74.38M and a high of 81.4M. The median projection represents growth adding up to -52.97% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 314.46M, or -49.00% down from figures reported last year.

Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the DocGo Inc (DCGO) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is -6.13% off its SMA20 and -28.68% from its 50-day simple moving average. The RSI (14) is pointing at 38.31 while the volatility over the past week is 3.08% and jumps to 12.10% over the past one month. The beta value is 0.94, while the average true range (ATR) is currently pointing at 0.13. The average price target for the stock over the next 12 months is $2.85, with the estimates having a low of $2.85 and a high of $2.85. These price ends are -90.0% and -90.0% off the today’s price level respectively, although investors could be excited at the prospect of a -90.0% if the DCGO share price touches on the median price of $2.85.

Stocks Register
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.