Docebo (TSE:DCBO) Trading Up 1.2% - Here's Why

Docebo Inc. (TSE:DCBO - Get Free Report) shot up 1.2% on Thursday . The stock traded as high as C$67.03 and last traded at C$66.68. 15,408 shares traded hands during trading, a decline of 65% from the average session volume of 44,529 shares. The stock had previously closed at C$65.88.

Analyst Upgrades and Downgrades

Separately, Colliers Securities boosted their target price on shares of Docebo from C$69.00 to C$82.00 in a research note on Monday, November 11th.

Docebo Trading Down 1.3 %

The company has a market cap of C$1.99 billion, a PE ratio of 90.18 and a beta of 1.36. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.25 and a current ratio of 1.11. The company has a 50 day simple moving average of C$67.77 and a two-hundred day simple moving average of C$59.93.

Insider Buying and Selling

In related news, insider Warburg Pincus LLC sold 133,287 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of C$50.62, for a total transaction of C$6,746,614.74. 43.24% of the stock is currently owned by corporate insiders.

About Docebo

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.