Could Dotdigital Group plc Lose its Strength? The Stock Reaches 52-Week High

 Could Dotdigital Group plc Lose its Strength? The Stock Reaches 52 Week High

The stock of Dotdigital Group plc (LON:DOTD) hit a new 52-week high and has GBX 61.59 target or 9.00% above today’s GBX 56.50 share price. The 6 months bullish chart indicates low risk for the GBX 166.16M company. The 1-year high was reported on Nov, 24 by Barchart.com. If the GBX 61.59 price target is reached, the company will be worth GBX 14.95M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.89% or GBX 0.5 on November 24, hitting GBX 56.5. About 414,654 shares traded hands. Dotdigital Group plc (LON:DOTD) has risen 22.40% since April 27, 2016 and is uptrending. It has outperformed by 17.00% the S&P500.

Dotdigital Group plc (LON:DOTD) Ratings Coverage

Out of 3 analysts covering dotDigital Group (LON:DOTD), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. dotDigital Group has been the topic of 22 analyst reports since October 13, 2015 according to StockzIntelligence Inc. The rating was maintained by N+1 Singer on Tuesday, October 13 with “Corporate”. N+1 Singer maintained Dotdigital Group plc (LON:DOTD) on Wednesday, November 18 with “Corporate” rating. The firm earned “Corporate” rating on Friday, January 29 by N+1 Singer. The stock has “Corporate” rating given by FinnCap on Wednesday, November 18. FinnCap maintained the shares of DOTD in a report on Tuesday, February 23 with “Corporate” rating. As per Monday, November 21, the company rating was maintained by FinnCap. FinnCap maintained Dotdigital Group plc (LON:DOTD) rating on Tuesday, October 13. FinnCap has “Corporate” rating and GBX 45 price target. On Friday, January 29 the stock rating was maintained by FinnCap with “Corporate”. The stock has “Corporate” rating given by N+1 Singer on Monday, January 4. The stock of Dotdigital Group plc (LON:DOTD) earned “Corporate” rating by FinnCap on Friday, January 22.

dotdigital Group Plc is a United Kingdom company, which is engaged in providing software as a service and managed services to digital marketing professionals. The company has a market cap of 166.16 million GBP. The Firm offers dotmailer, which provides e-mail and multi-channel marketing automation platform with various tools that enable marketers to create, manage, execute and evaluate various campaigns. It has a 30.96 P/E ratio. In addition to its automation technologies, the Company also provides multi-channel marketing consultancy and services for businesses seeking to manage customer acquisition, conversion and retention.

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