Quadrature Capital Ltd Has $48,000 Stock Position in DocGo Inc. (NASDAQ:DCGO)

Quadrature Capital Ltd cut its stake in shares of DocGo Inc. (NASDAQ:DCGO) by 61.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,461 shares of the company’s stock after selling 23,489 shares during the period. Quadrature Capital Ltd’s holdings in DocGo were worth $48,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its holdings in shares of DocGo by 144.6% during the third quarter. Harbor Capital Advisors Inc. now owns 968,537 shares of the company’s stock worth $3,216,000 after purchasing an additional 572,522 shares during the period. Marshall Wace LLP increased its holdings in shares of DocGo by 212.4% during the second quarter. Marshall Wace LLP now owns 505,514 shares of the company’s stock worth $1,562,000 after buying an additional 343,692 shares in the last quarter. Deerfield Management Company L.P. Series C grew its stake in shares of DocGo by 41.0% in the second quarter. Deerfield Management Company L.P. Series C now owns 7,195,956 shares of the company’s stock worth $22,236,000 after purchasing an additional 2,091,569 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of DocGo in the third quarter worth $62,000. Finally, Nisa Investment Advisors LLC grew its stake in shares of DocGo by 693.2% in the second quarter. Nisa Investment Advisors LLC now owns 12,089 shares of the company’s stock worth $37,000 after purchasing an additional 10,565 shares during the last quarter. 56.44% of the stock is owned by institutional investors.

DocGo Trading Up 1.2 %

Shares of DCGO opened at $4.19 on Friday. The stock has a market capitalization of $427.59 million, a P/E ratio of 14.96, a price-to-earnings-growth ratio of 3.75 and a beta of 0.98. The firm’s fifty day simple moving average is $3.78 and its two-hundred day simple moving average is $3.47. DocGo Inc. has a 12 month low of $2.75 and a 12 month high of $5.70.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald reissued an “overweight” rating and issued a $5.00 price objective on shares of DocGo in a research note on Friday, September 20th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $6.10.

About DocGo

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.