Docebo (TSE:DCBO) Trading Up 2.1% - What's Next?

Docebo Inc. (TSE:DCBO - Get Free Report) shot up 2.1% during mid-day trading on Monday . The company traded as high as C$61.35 and last traded at C$61.16. 19,937 shares were traded during trading, a decline of 47% from the average session volume of 37,585 shares. The stock had previously closed at C$59.90.

Wall Street Analyst Weigh In

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

Docebo Stock Up 2.1 %

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 firm has a market capitalization of C$1.85 billion, a P/E ratio of 83.78 and a beta of 1.36. The stock has a 50 day moving average of C$64.60 and a 200-day moving average of C$62.13.

Insider Activity

In other Docebo news, insider Warburg Pincus LLC sold 133,287 shares of Docebo stock in a transaction dated 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. Insiders own 43.24% of the company's stock.

Docebo Company Profile

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.

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