Doximity Investors, You Need to Know This

By Tamara Parker • Friday, November 11 12:01 • Permanent Link

Doximity rose 23.3% during the afternoon session to $32.48 per share. As reported by Barrons: "Doximity stock was up by roughly one-quarter early Friday after the company reported an increase in quarterly revenue and said its board approved a buyback of as much as $70 million of stock." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company belongs to the Healthcare sector, which has an average price to earnings (P/E) ratio of 13.21 and an average price to book (P/B) ratio of 4.07. In contrast, Doximity has a trailing 12 month P/E ratio of 41.6 and a P/B ratio of 7.0.

Doximity has moved -64.2% over the last year compared to -15.5% for the S&P 500 -- a difference of -48.7%. Doximity has a 52 week high of $76.87 and a 52 week low of $22.91. If you are interested in keeping up to date with equity markets, subscribe to our free newsletter today!

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.