On Tuesday, Doximity Inc (NYSE: DOCS) opened lower -0.31% from the last session, before settling in for the closing price of $41.50. Price fluctuations for DOCS have ranged from $19.71 to $41.69 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 43.01% over the last five years. Company’s average yearly earnings per share was noted 10.66% at the time writing. With a float of $120.81 million, this company’s outstanding shares have now reached $124.10 million.
The firm has a total of 827 workers. Let’s measure their productivity.
Doximity Inc (DOCS) Insider Activity
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Doximity Inc is 34.93%, while institutional ownership is 61.19%. The most recent insider transaction that took place on Sep 03 ’24, was worth 90,675. In this transaction Director of this company sold 2,500 shares at a rate of $36.27, taking the stock ownership to the 16,618 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Director proposed sale 2,500 for $36.27, making the entire transaction worth $90,675.
Doximity Inc (DOCS) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.22 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.18) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.90% during the next five years compared to 193.38% growth over the previous five years of trading.
Doximity Inc (NYSE: DOCS) Trading Performance Indicators
Check out the current performance indicators for Doximity Inc (DOCS). In the past quarter, the stock posted a quick ratio of 6.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.56. Likewise, its price to free cash flow for the trailing twelve months is 47.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.11 in one year’s time.
Technical Analysis of Doximity Inc (DOCS)
Analysing the last 5-days average volume posted by the [Doximity Inc, DOCS], we can find that recorded value of 1.63 million was lower than the volume posted last year of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 94.44%. Additionally, its Average True Range was 1.08.
During the past 100 days, Doximity Inc’s (DOCS) raw stochastic average was set at 97.36%, which indicates a significant increase from 92.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.87% in the past 14 days, which was lower than the 64.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.82, while its 200-day Moving Average is $28.95. Now, the first resistance to watch is $41.72. This is followed by the second major resistance level at $42.06. The third major resistance level sits at $42.26. If the price goes on to break the first support level at $41.18, it is likely to go to the next support level at $40.98. Should the price break the second support level, the third support level stands at $40.64.
Doximity Inc (NYSE: DOCS) Key Stats
There are currently 185,426K shares outstanding in the company with a market cap of 7.68 billion. Presently, the company’s annual sales total 475,420 K according to its annual income of 147,580 K. Last quarter, the company’s sales amounted to 126,680 K and its income totaled 41,380 K.
