The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. DocGo Inc shares valued at $49,140 were purchased by KATZ STEVEN on Mar 15 ’24. At $3.64 per share, KATZ STEVEN acquired 13,500 shares. The insider’s holdings grew to 69,534 shares worth approximately $0.24 million following the completion of this transaction.
Also, ROSENBERG NORMAN purchased 10,000 shares, netting a total of over 36,100 in proceeds. Following the buying of shares at $3.61 each, the insider now holds 274,222 shares.
Before that, Burdiek Michael J had added 10,000 shares to its account. In a trade valued at $36,100, the Director bought DocGo Inc shares for $3.61 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $1.99 million.
As published in their initiating research note from BTIG Research on August 18, 2023, DocGo Inc [DCGO] has been a Buy and the price target has been revised to $15. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in late April. As of April 19, 2022, Deutsche Bank has initiated its “Buy” rating for DCGO. Earlier on January 19, 2022, Stifel initiated its rating. Their recommendation was “a Buy” for DCGO stock.
Analyzing DCGO Stock Performance
During the last five days, there has been a surge of approximately 2.05%. Over the course of the year, DocGo Inc shares have dropped approximately -37.57%. Shares of the company reached a 52-week high of $5.61 on 01/02/24 and a 52-week low of $2.78 on 01/10/24. A 50-day SMA is recorded $3.71, while a 200-day SMA reached $5.59. Nevertheless, trading volume fell to 0.69 million shares from 0.57 million shares the previous day.
Support And Resistance Levels for DocGo Inc (DCGO)
According to the 24-hour chart, there is a support level at 3.38, which, if violated, would cause prices to drop to 3.26. In the upper region, resistance lies at 3.56. The next price resistance is at 3.62. RSI (Relative Strength Index) is 44.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 38.68%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
