Docebo (TSE:DCBO) Shares Up 2.6% - Here's Why

Shares of Docebo Inc. (TSE:DCBO - Get Free Report) rose 2.6% during mid-day trading on Friday . The stock traded as high as C$61.43 and last traded at C$61.24. Approximately 19,902 shares traded hands during trading, a decline of 55% from the average daily volume of 44,701 shares. The stock had previously closed at C$59.68.

Docebo Stock Performance

The firm has a fifty day simple moving average of C$57.91 and a 200-day simple moving average of C$56.44. The company has a quick ratio of 3.25, a current ratio of 1.11 and a debt-to-equity ratio of 5.29. The company has a market cap of C$1.85 billion, a PE ratio of 85.06 and a beta of 1.37.

Insider Buying and Selling

In other news, insider Warburg Pincus LLC purchased 11,781 shares of the business's stock in a transaction on Tuesday, August 6th. The shares were bought at an average price of C$36.74 per share, with a total value of C$432,857.50. 43.24% of the stock is currently owned by company 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.

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