DCGO Stock Summary and Trading Ideas (Docgo | NASDAQ:DCGO)

DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. The company has three reportable segments: Mobile Health Services, Transportation Services, and Corporate. Mobile Health Services is the key revenue-generating segment for the company.

Docgo trades on the NASDAQ stock market under the symbol DCGO.

As of December 12, 2024, DCGO stock price climbed to $4.19 with 864,679 million shares trading.

DCGO has a beta of 0.12, meaning it tends to be less sensitive to market movements. DCGO has a correlation of 0.00 to the broad based SPY ETF.

DCGO has a market cap of $425.40 million. This is considered a Small Cap stock.

Last quarter Docgo reported $139 million in Revenue and $.05 earnings per share. This beat revenue expectation by $805,000 and met earnings estimates .

In the last 3 years, DCGO traded as high as $11.41 and as low as $2.75.

The top ETF exchange traded funds that DCGO belongs to (by Net Assets): IWM, VTI, VXF, IWN, SCHA.

DCGO has underperformed the market in the last year with a price return of -20.8% while the SPY ETF gained +32.3%. However, in the short term, DCGO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +18.4% vs +9.3% return in SPY. But in the last 2 weeks, DCGO shares have been beat by the market, returning -4.3% compared to an SPY return of +0.9%.

DCGO support price is $4.00 and resistance is $4.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DCGO shares will trade within this expected range on the day.