Doximity (NASDAQ:DOCS) Downgraded by Zacks Investment Research to Hold

Doximity stock has undergone multiple analysts rating changes in the recent past.  Doximity Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Doximity traded up $4.87 on Tuesday, reaching $75.25. 0 shares of the stock traded hands, compared to its average volume of 2332127. Shares of Doximity were trading at $75.25 on Tuesday. The firm’s 50 day moving average is $81.83 and its 200 day moving average is N/A.Doximity has a 12 month low of $69.51 and a 12 month high of $107.79. While on yearly highs and lows, Doximity’s today has traded high as $76.10 and has touched $69.51 on the downward trend. See More Analyst Rating at: RATING

Doximity Earnings and What to expect: 

Doximity last issued its quarterly earnings results on August 9th, 2021. The reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. The business earned $72.67 million during the quarter, compared to analyst estimates of $63.41 million. Doximity has generated $0.00 earnings per share over the last year. Earnings for Doximity are expected to grow by 3.57% in the coming year, from $0.28 to $0.29 per share. Doximity has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 9th, 2021 based off prior year’s report dates.

Earnings for Doximity are expected to grow by 3.57% in the coming year, from $0.28 to $0.29 per share. Doximity has a PEG Ratio of 33.75. PEG Ratios above 1 indicate that a company could be overvalued.

Doximity (NASDAQ:DOCS) Moving Average Technical Analysis

5 day Moving Average is $77.70 And 5 day price change is -$2.90 (-3.71%)  with average volume for 5 day average is 3,071,060. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $83.42 and 20 day price change is -$26.20 (-25.83%) and average 20 day moving volume is 2,395,880. 50 day moving average is $81.83  and 50 day price change is $16.25 ( 27.54%)  and with average volume for 50 days is : 2,334,164. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Doximity :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 2,868 which equates to market value of $0.23M and appx 0.00% owners of Doximity
  • On 9/24/2021 shares held by Whale Rock Capital Management LLC were 2,210,255 which equates to market value of $128.64M and appx 0.80% owners of Doximity
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 54,472 which equates to market value of $3.17M and appx 0.00% owners of Doximity
  • In total Institutional ownership equates to Institutional Ownership Percentage: 13.04% for Doximity

See More Analyst Rating at: RATING