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Understanding the Risks of Investing in DocGo Inc (DCGO)

DocGo Inc’s recently made public that its Officer Etalvina Leite acquired Company’s shares for reported $71528.0 on Dec 17 ’24. In the deal valued at $4.33 per share,16,500 shares were bought.

Then, Leite Etalvina sold 16,500 shares, generating $71,610 in total proceeds. Upon selling the shares at $4.34, the Director now owns 51,411 shares.

Before that, Tendler Ely D sold 23,088 shares. DocGo Inc shares valued at $102,511 were divested by the General Counsel and Secretary at a price of $4.44 per share. As a result of the transaction, Tendler Ely D now holds 175,645 shares, worth roughly $0.75 million.

BTIG Research initiated its DocGo Inc [DCGO] rating to a Buy in a research note published on August 18, 2023; the price target was $15. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late April with a ‘”an Overweight”‘ rating. Deutsche Bank began covering DCGO with “Buy” recommendation on April 19, 2022. Stifel started covering the stock on January 19, 2022. It rated DCGO as “a Buy”.

Price Performance Review of DCGO

On Tuesday, DocGo Inc [NASDAQ:DCGO] saw its stock fall -4.05% to $4.26. Over the last five days, the stock has lost -23.93%. DocGo Inc shares have risen nearly 0.47% since the year began. Nevertheless, the stocks have risen 24.93% over the past one year. While a 52-week high of $5.68 was reached on 02/18/25, a 52-week low of $2.75 was recorded on 01/13/25. SMA at 50 days reached $4.61, while 200 days put it at $3.73.

Levels Of Support And Resistance For DCGO Stock

The 24-hour chart illustrates a support level at 4.12, which if violated will result in even more drops to 3.98. On the upside, there is a resistance level at 4.46. A further resistance level may holdings at 4.66. The Relative Strength Index (RSI) on the 14-day chart is 35.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.65%. Stochastics %K at 5.39% indicates the stock is a buying.

The most recent change occurred on December 21, 2021 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.

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