Doximity Inc (DOCS) is gearing up for another turning point as it hit the volume of 3.45 million

Doximity Inc (NYSE: DOCS) on Tuesday, plunged -0.91% from the previous trading day, before settling in for the closing price of $68.45. Within the past 52 weeks, DOCS’s price has moved between $22.96 and $85.21.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 43.01%. The company achieved an average annual earnings per share of 37.78%. With a float of $129.48 million, this company’s outstanding shares have now reached $133.45 million.

Considering the fact that the conglomerate employs 827 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 90.19%, operating margin of 40.2%, and the pretax margin is 46.01%.

Doximity Inc (DOCS) Insider Activity

Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Doximity Inc is 31.00%, while institutional ownership is 61.83%. The most recent insider transaction that took place on Mar 03 ’25, was worth 141,780. Before that another transaction happened on Feb 12 ’25, when Company’s Director sold 2,889 for $75.19, making the entire transaction worth $217,209. This insider now owns 14,729 shares in total.

Doximity Inc (DOCS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 37.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.37% during the next five years compared to 193.38% growth over the previous five years of trading.

Doximity Inc (NYSE: DOCS) Trading Performance Indicators

Doximity Inc (DOCS) is currently performing well based on its current performance indicators. A quick ratio of 8.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 23.13. Likewise, its price to free cash flow for the trailing twelve months is 54.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.42 in one year’s time.

Technical Analysis of Doximity Inc (DOCS)

Compared to the last year’s volume of 2.48 million, its volume of 2.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.51%. Additionally, its Average True Range was 3.63.

During the past 100 days, Doximity Inc’s (DOCS) raw stochastic average was set at 60.80%, which indicates a significant increase from 18.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.40% in the past 14 days, which was lower than the 81.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $62.00, while its 200-day Moving Average is $43.66. Nevertheless, the first resistance level for the watch stands at $69.65 in the near term. At $71.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $73.72. If the price goes on to break the first support level at $65.58, it is likely to go to the next support level at $63.33. Should the price break the second support level, the third support level stands at $61.51.

Doximity Inc (NYSE: DOCS) Key Stats

Market capitalization of the company is 12.73 billion based on 186,692K outstanding shares. Right now, sales total 475,420 K and income totals 147,580 K. The company made 168,600 K in profit during its latest quarter, and 75,200 K in sales during its previous quarter.