Duck Creek Technologies Inc. (NASDAQ:DCT) went down by -5.44% from its latest closing price compared to the recent 1-year high of $59.40. The company’s stock price has collected -7.24% of loss in the last five trading sessions. Press Release reported on 02/18/21 that Press Release: Duck Creek Technologies Wins XCelent Technology Award for EMEA Property Casualty Policy Administration Systems
Is It Worth Investing in Duck Creek Technologies Inc. (NASDAQ :DCT) Right Now?
Opinions of the stock are interesting as 7 analysts out of 11 who provided ratings for Duck Creek Technologies Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $50.70, which is -$3.15 below the current price. DCT currently public float of 94.49M and currently shorts hold a 4.41% ratio of that float. Today, the average trading volume of DCT was 641.00K shares.
DCT’s Market Performance
DCT stocks went down by -7.24% for the week, with a monthly jump of 8.96% and a quarterly performance of 33.16%. The volatility ratio for the week stands at 5.84% while the volatility levels for the past 30 days are set at 6.65% for Duck Creek Technologies Inc.. The simple moving average for the period of the last 20 days is 0.46% for DCT stocks with a simple moving average of 22.91% for the last 200 days.
Analysts’ Opinion of DCT
Many brokerage firms have already submitted their reports for DCT stocks, with Needham repeating the rating for DCT by listing it as a “Buy.” The predicted price for DCT in the upcoming period, according to Needham is $53 based on the research report published on October 21st of the previous year 2020.
Stifel gave a rating of “Buy” to DCT, setting the target price at $50 in the report published on September 08th of the previous year.
DCT Trading at 13.78% from the 50-Day Moving Average
After a stumble in the market that brought DCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.34% of loss for the given period.
Volatility was left at 6.65%, however, over the last 30 days, the volatility rate increased by 5.84%, as shares surge +7.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.43% upper at present.
During the last 5 trading sessions, DCT fell by -7.24%, in comparison to the 20-day moving average, which settled at $53.78. In addition, Duck Creek Technologies Inc. saw 24.36% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DCT starting from Disco (Guernsey) Holdings L.P., who sale 6,156,000 shares at the price of $44.39 back on Feb 02. After this action, Disco (Guernsey) Holdings L.P. now owns 31,606,952 shares of Duck Creek Technologies Inc., valued at $273,264,840 using the latest closing price.
Disco (Guernsey) Holdings L.P., the Director of Duck Creek Technologies Inc., sale 720,000 shares at $39.77 during a trade that took place back on Nov 24, which means that Disco (Guernsey) Holdings L.P. is holding 37,762,952 shares at $28,634,400 based on the most recent closing price.
Stock Fundamentals for DCT
Current profitability levels for the company are sitting at:
- -13.47 for the present operating margin
- +48.09 for the gross margin
The net margin for Duck Creek Technologies Inc. stands at -11.50. The total capital return value is set at -4.95, while invested capital returns managed to touch -4.24.
Based on Duck Creek Technologies Inc. (DCT), the company’s capital structure generated 3.45 points at debt to equity in total, while total debt to capital is 3.34. Total debt to assets is 2.94, with long-term debt to equity ratio resting at 2.96. Finally, the long-term debt to capital ratio is 2.86.
When we switch over and look at the enterprise to sales, we see a ratio of 22.38, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 4.72 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.60.