DocGo (DCGO) to Release Earnings on Thursday

DocGo (NASDAQ:DCGO) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect DocGo to post earnings of $0.05 per share and revenue of $129.42 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

DocGo Stock Performance

Shares of NASDAQ DCGO opened at $4.26 on Wednesday. The business has a 50 day simple moving average of $4.63 and a 200 day simple moving average of $4.02. DocGo has a 52 week low of $2.75 and a 52 week high of $5.68. The stock has a market cap of $434.74 million, a price-to-earnings ratio of 15.21, a PEG ratio of 14.16 and a beta of 1.00.

Insider Activity

In related news, General Counsel Ely D. Tendler sold 23,088 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $4.44, for a total value of $102,510.72. Following the completion of the sale, the general counsel now directly owns 175,645 shares in the company, valued at approximately $779,863.80. The trade was a 11.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “buy” rating and issued a $7.00 target price on shares of DocGo in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, DocGo currently has an average rating of “Buy” and a consensus price target of $6.10.

About DocGo

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.