A “Directors' Share Purchases/PDMR Shareholding”-titled announcement from marketing automation and customer engagement software group dotDigital (DOTD) and the shares currently up to 65.2p. Good news then?...
Previously writing on marketing automation and customer engagement software group dotDigital (DOTD), only in January with the shares down to 160p I concluded there was still a premium valuation and that the latest share price response suggested an exceptional performance needed to maintain the share price, sell/avoid. The shares last closed at 149p and on the back of half-year results are currently... below 80p!
Marketing automation and customer engagement software group dotDigital (DOTD) “is pleased to report that it expects to report a first half performance in line with market expectations for the full year… demonstrate a growing interest in our core offering and continued execution of the growth strategy in a structurally growing market”. So why a share price response to 160p, 10% lower?...
Marketing technology platform group dotDigital (DOTD) has announced results for its year ended 30th June 2019 emphasising, “The group is very excited about its financial performance… strong growth in revenue and profit driven by the group's organic growth strategy and the addition of omni-channel functionality”. Sounds promising…
