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SG Americas Securities LLC Buys New Shares in DocGo Inc. (NASDAQ:DCGO)

Defense World ·  Feb 4, 2023 04:41

SG Americas Securities LLC bought a new stake in shares of DocGo Inc. (NASDAQ:DCGO – Get Rating) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,091 shares of the company's stock, valued at approximately $170,000.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of DocGo by 226.3% during the 1st quarter. Royal Bank of Canada now owns 3,263 shares of the company's stock valued at $30,000 after buying an additional 2,263 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in DocGo in the 2nd quarter worth $89,000. Principal Financial Group Inc. purchased a new stake in DocGo in the 2nd quarter worth $89,000. Walleye Capital LLC purchased a new stake in DocGo in the 1st quarter worth $96,000. Finally, Lazard Asset Management LLC lifted its stake in DocGo by 99.3% in the 1st quarter. Lazard Asset Management LLC now owns 10,799 shares of the company's stock worth $99,000 after purchasing an additional 5,381 shares in the last quarter. Hedge funds and other institutional investors own 36.88% of the company's stock.

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DocGo Stock Down 0.2 %

Shares of DCGO stock opened at $10.08 on Friday. The stock has a market cap of $1.03 billion, a P/E ratio of 22.91 and a beta of 0.95. DocGo Inc. has a 52 week low of $4.96 and a 52 week high of $11.41. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 0.01. The company's fifty day simple moving average is $7.71 and its two-hundred day simple moving average is $8.76.

DocGo (NASDAQ:DCGO – Get Rating) last announced its quarterly earnings results on Monday, November 7th. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The business had revenue of $104.32 million for the quarter, compared to analysts' expectations of $98.12 million. DocGo had a net margin of 10.34% and a return on equity of 16.14%. Analysts predict that DocGo Inc. will post 0.28 EPS for the current fiscal year.

About DocGo

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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.

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