Docebo (TSE:DCBO) Sets New 1-Year High at $55.49

Docebo Inc. (TSE:DCBO)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$55.49 and last traded at C$55.26, with a volume of 1984 shares changing hands. The stock had previously closed at C$55.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. CIBC cut their target price on shares of Docebo from C$68.00 to C$65.00 in a report on Friday, August 11th. ATB Capital raised their price objective on Docebo from C$85.00 to C$90.00 in a research note on Friday, August 11th. Finally, Cormark boosted their target price on Docebo from C$68.00 to C$72.00 in a research note on Friday, August 11th.

Docebo Stock Down 1.4 %

The company has a debt-to-equity ratio of 1.88, a quick ratio of 3.25 and a current ratio of 1.88. The firm’s fifty day simple moving average is C$53.11 and its 200 day simple moving average is C$50.69. The stock has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 171.56 and a beta of 1.53.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America, Europe, and the Asia-Pacific region. 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; and Docebo Content that provides off-the-shelf learning content by partnering content specialist.