Doximity Inc (NYSE: DOCS) kicked off on Friday, up 0.87% from the previous trading day, before settling in for the closing price of $42.53. Over the past 52 weeks, DOCS has traded in a range of $19.89-$42.56.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 43.01%. While this was happening, its average annual earnings per share was recorded 10.66%. With a float of $120.81 million, this company’s outstanding shares have now reached $124.10 million.
Let’s determine the extent of company efficiency that accounts for 827 employees.
Doximity Inc (DOCS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Doximity Inc is 34.93%, while institutional ownership is 61.16%. 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
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
Take a look at Doximity Inc’s (DOCS) current performance indicators. Last quarter, stock had a quick ratio of 6.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.14. Likewise, its price to free cash flow for the trailing twelve months is 49.10.
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)
Looking closely at Doximity Inc (NYSE: DOCS), its last 5-days average volume was 1.69 million, which is a drop from its year-to-date volume of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 92.77%. Additionally, its Average True Range was 1.03.
During the past 100 days, Doximity Inc’s (DOCS) raw stochastic average was set at 96.80%, which indicates a significant increase from 91.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.86% in the past 14 days, which was lower than the 64.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.65, while its 200-day Moving Average is $29.22. However, in the short run, Doximity Inc’s stock first resistance to watch stands at $43.45. Second resistance stands at $43.99. The third major resistance level sits at $44.43. If the price goes on to break the first support level at $42.47, it is likely to go to the next support level at $42.03. Should the price break the second support level, the third support level stands at $41.49.
Doximity Inc (NYSE: DOCS) Key Stats
The company with the Market Capitalisation of 7.96 billion has total of 185,426K Shares Outstanding. Its annual sales at the moment are 475,420 K in contrast with the sum of 147,580 K annual income. Company’s last quarter sales were recorded 126,680 K and last quarter income was 41,380 K.
