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Duck Creek Technologies Inc. (NASDAQ:DCT): An Opportunity for Fundamental Investors?

Duck Creek Technologies Inc. (NASDAQ:DCT) previous close was $40.77 while the outstanding shares total 130.79M. DCT’s shares traded lower over the last trading session, losing -7.16% on 05/06/21. The shares fell to a low of $36.70 before closing at $37.85. Intraday shares traded counted 0.68 million, which was 18.47% higher than its 30-day average trading volume of 837.85K. The stock’s Relative Strength Index (RSI) is 32.09, with weekly volatility at 5.72% and ATR at 1.99. The DCT stock’s 52-week price range has touched low of $35.10 and a $59.40 high.

Investors have identified the Software – Application company Duck Creek Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.12 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Duck Creek Technologies Inc. (DCT) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 436.1 million total, with 79.08 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record -0.09 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DCT sounds very interesting.

Is the stock of DCT attractive?

In related news, Chief Financial Officer, CHIPPARI VINCENT A sold 25,000 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 40.17, for a total value of 1,004,152. As the sale deal closes, the Chief Financial Officer, CHIPPARI VINCENT A now sold 50,000 shares of the company’s stock, valued at 2,146,500. Also, Chief Marketing Officer, Fitzgerald Scott sold 5,000 shares of the company’s stock in a deal that was recorded on Apr 19. The shares were price at an average price of 44.53 per share, with a total market value of 222,650. Following this completion of acquisition, the Chief Revenue Officer, Van Biert Eugene Jr. now holds 13,650 shares of the company’s stock, valued at 607,377. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.90%.

8 out of 12 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Duck Creek Technologies Inc.. 0 analysts has assigned a Sell rating on the DCT stock. The 12-month mean consensus price target for the company’s shares has been set at $52.00.

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