Duck Creek Technologies (NASDAQ:DCT) Upgraded by Zacks Investment Research to Strong-Buy

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Duck Creek Technologies stock has undergone multiple analysts rating changes in the recent past.  Duck Creek Technologies Upgraded by Zacks Investment Research on 10/19/2021. In a note to investors, the firm issued a new rating of Strong-Buy. The analysts previously had rating of Hold.

Shares of Duck Creek Technologies traded down -$0.63 on Tuesday, reaching $33.28. 1531636 shares of the stock traded hands, compared to its average volume of 898625. Shares of Duck Creek Technologies were trading at $33.28 on Tuesday. The firm’s 50 day moving average is $45.20 and its 200 day moving average is $44.50.Duck Creek Technologies has a 12 month low of $32.94 and a 12 month high of $59.40. While on yearly highs and lows, Duck Creek Technologies’s today has traded high as $34.02 and has touched $32.94 on the downward trend. See More Analyst Rating at: RATING

Duck Creek Technologies Earnings and What to expect: 

Duck Creek Technologies last posted its quarterly earnings results on October 14th, 2021. The reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The company earned $70.85 million during the quarter, compared to analysts’ expectations of $69.09 million. Its revenue for the quarter was up 21.5% on a year-over-year basis. Duck Creek Technologies has generated $0.01 earnings per share over the last year (($0.13) diluted earnings per share). Earnings for Duck Creek Technologies are expected to grow in the coming year, from ($0.04) to ($0.01) per share. Duck Creek Technologies has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, January 5th, 2022 based off prior year’s report dates.

Earnings for Duck Creek Technologies are expected to grow in the coming year, from ($0.04) to ($0.01) per share. The P/E ratio of Duck Creek Technologies is -256.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Duck Creek Technologies is -256.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Duck Creek Technologies has a P/B Ratio of 5.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Duck Creek Technologies (NASDAQ:DCT) Moving Average Technical Analysis

5 day Moving Average is $38.79 And 5 day price change is -$11.50 (-25.68%)  with average volume for 5 day average is 2,982,680. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $43.39 and 20 day price change is -$14.52 (-30.38%) and average 20 day moving volume is 991,050. 50 day moving average is $45.20  and 50 day price change is -$11.03 ( -24.89%)  and with average volume for 50 days is : 705,720. 200 day moving average is $44.50  and 200 day price change is -$8.20 (-19.77%)  and with average volume for 200 days is : 701,651.

Other owners latest trading in Duck Creek Technologies :

  • On 10/19/2021 shares held by Assenagon Asset Management S.A. were 20,054 which equates to market value of $0.89M and appx 0.00% owners of Duck Creek Technologies
  • On 10/18/2021 shares held by Barton Investment Management were 667,471 which equates to market value of $29.53M and appx 2.50% owners of Duck Creek Technologies
  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 841 which equates to market value of $37K and appx 0.00% owners of Duck Creek Technologies
  • In total Institutional ownership equates to Institutional Ownership Percentage: 72.10% for Duck Creek Technologies

See More Analyst Rating at: RATING