A look at Doximity Inc’s (DOCS) recent performance gives investors their first glimpse of hope.

On Tuesday, Doximity Inc (NYSE: DOCS) opened higher 0.29% from the last session, before settling in for the closing price of $41.82. Price fluctuations for DOCS have ranged from $20.28 to $44.88 over the past 52 weeks.

During the last 5-year period, the sales growth of Healthcare Sector giant was 43.01%. Company’s average yearly earnings per share was noted 10.79% at the time writing. With a float of $120.56 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. In terms of profitability, gross margin is 89.65%, operating margin of 36.56%, and the pretax margin is 41.3%.

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 35.07%, while institutional ownership is 60.27%. The most recent insider transaction that took place on Nov 01 ’24, was worth 105,000. In this transaction Director of this company sold 2,500 shares at a rate of $42.00, taking the stock ownership to the 16,618 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Director sold 20,000 for $42.07, making the entire transaction worth $841,306. This insider now owns 11,074 shares in total.

Doximity Inc (DOCS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 10.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.45% 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 15.77. Likewise, its price to free cash flow for the trailing twelve months is 48.01.

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 1.12 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 0.95 million, which is a drop from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 63.90%. Additionally, its Average True Range was 1.03.

During the past 100 days, Doximity Inc’s (DOCS) raw stochastic average was set at 85.21%, which indicates a significant increase from 30.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.93% in the past 14 days, which was lower than the 59.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.87, while its 200-day Moving Average is $31.19. However, in the short run, Doximity Inc’s stock first resistance to watch stands at $42.26. Second resistance stands at $42.58. The third major resistance level sits at $43.04. If the price goes on to break the first support level at $41.48, it is likely to go to the next support level at $41.02. Should the price break the second support level, the third support level stands at $40.70.

Doximity Inc (NYSE: DOCS) Key Stats

There are currently 185,661K shares outstanding in the company with a market cap of 7.79 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.