Docebo (TSE:DCBO) Shares Down 1.2% – Should You Sell?

Docebo Inc. (TSE:DCBO)’s stock price traded down 1.2% during trading on Thursday . The stock traded as low as C$69.56 and last traded at C$69.56. 35,713 shares traded hands during trading, a decline of 20% from the average session volume of 44,391 shares. The stock had previously closed at C$70.37.

Analyst Upgrades and Downgrades

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

Docebo Trading Down 1.2 %

The company’s 50-day moving average is C$65.12 and its 200-day moving average is C$57.88. 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 cap of C$2.10 billion, a price-to-earnings ratio of 95.29 and a beta of 1.36.

Insider Transactions at Docebo

In other news, insider Warburg Pincus LLC sold 133,287 shares of the company’s stock in a transaction on 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. 43.24% of the stock is 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.