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How to Buy Docgo Stock

Docgo Inc

DocGo, Inc. provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom.

Docgo stock last closed at $4.04, down 0.49% from the previous day, and has decreased 52.58% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.72 percentage points. Docgo stock is currently +45.32% from its 52-week low of $2.78, and -62.66% from its 52-week high of $10.82.

At the moment, there are 104.17M shares of DCGO outstanding. The market capitalization of DCGO is $420.85M. In the last 24 hours, 718,142 DCGO shares were traded.

How to Buy Docgo Stock

Wondering how to invest in Docgo stock? Here's how.
  1. Choose where to buy Docgo stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Docgo stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your payment method and add your information.
  4. Analyze Docgo stock: The Docgo ticker symbol is DCGO. Is Docgo stock a good investment? Should you buy shares of DCGO? How do DCGO's underlying business fundamentals look? Do top analysts think Docgo is a good buy? Why has DCGO's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if DCGO is a good stock to buy).
  5. Make your DCGO trade: Decide if you will purchase DCGO shares at the current market price or use a limit order to purchase DCGO stock at a specific price.
  6. Get notifications regarding your investment in DCGO: Create a watchlist to important notifications about your position in Docgo shares.

Step 1: Choose where to buy Docgo stock

You will need a brokerage account to access the NASDAQ market and buy DCGO shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best brokerage. eToro gives you:

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  • Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
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Step 2: Create a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you can buy DCGO today.

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  1. Click here to get started.
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  2. Input your personal details to create a new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've opened your account on stock market apps, you need to deposit funds:

Watch this video walkthrough for more details depositing money into your new brokerage account.

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Step 4: Analyze Docgo stock

After you have selected the best place to buy Docgo stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk and opportunity.

Overview of key DCGO info

DCGO Price
$4.04
1w %
2.28%
1y %
-52.58%
5y %
N/A
P/E
57.71x
P/B
1.4x
P/S
0.67x
PEG
0.2x
Revenue
$624.29M
Earnings
$6.86M
Fore. Rev. Growth
11.77%
Fore. Earn. Growth
315.76%
Market Cap
$420.85M
Next Earnings
May 6, 2024
Next Dividend
N/A

DCGO Overview

WallStreetZen was created to help everyday investors do better fundamental analysis.

You can see all of the due diligence checks on DCGO's stock page.

Is DCGO stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge DCGO's true value.

Using relative valuations metrics:

  • DCGO may be undervalued based on its P/E ratio of 57.71x, relative to Medical Care Facilities industry P/E ratio of -4.55x
  • DCGO could be undervalued based on its P/B ratio of 1.4x, relative to Medical Care Facilities industry P/B ratio of 4.84x
  • DCGO could be undervalued based on its PEG ratio of 0.2x

You can access additional valuation analysis on DCGO's stock here.

DCGO Financial Health Summary

Pros:

  • There are more short-term assets than long-term liabilities on the DCGO balance sheet.
  • There are more short-term assets than short-term liabilities on the DCGO balance sheet.
  • DCGO has cash burn of 71059351. It has enough cash and short-term investments to cover this for at least one year.

Cons:

  • DCGO profit margin has gone down from 7.9% to 1.1% in the past year.
  • DCGO has $72.22M in cash and short term investments. This is not enough to cover its annual cash burn of $71.06M.
  • DCGO has a relatively high debt to equity ratio of 0.62.

Is DCGO stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 4 sell side analysts who give recommendations on DCGO, the consensus analyst rating on DCGO is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Docgo stock forecast page.

DCGO Technicals

SMA10
3.92
SMA20
3.86
SMA50
3.68
SMA100
4.49
SMA200
6.13
MACD
0.06
MACD Signal
0.03
MACD Histogram
0.03
RSI
56.36
Stochastic %K
74.18
Stochastic %D
68.54
StochRSI %K
77.25
StochRSI %D
71.64

DCGO Earnings

Last year, DCGO earnings were $6.86M. In the past 2 year, DCGO's earnings have gone up by -51.7% per year. This was slower than the Medical Care Facilities industry average of 11.92%.

Last year, DCGO revenue was $624.29M. Over the last 4 year, DCGO's revenue has grown by 89.61% per year. This was faster than the Medical Care Facilities industry average of 7.77%.

Dig into DCGO's earnings and revenue performance here.

What are DCGO insiders up to?

In the last year, insiders at DCGO have sold more shares than they have bought.

Lee Bienstock, Chief Executive Officer of DCGO, was the latest DCGO insider to sell. They sold $20,945.73 worth of DCGO stock on Mar 19, 2024.

Dig into more about who owns DCGO stock here.

Does DCGO provide a stable income stream?

No, Docgo doesn't provide an income stream by paying out dividends.

What others are saying about DCGO

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your DCGO trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, use a limit order.

Click the Open Trade button and eToro will place your order.

If you want more help investing in stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your investment in DCGO

Now that you own some DCGO stock, you'll want to stay up-to-date on your company.

Make a watchlist to get the latest updates about your DCGO stock.

DCGO Feed

How to Buy Stock in Docgo

To reiterate, here are the 6 steps to buy stock in Docgo:

  1. Choose where to buy Docgo stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Analyze Docgo stock
  5. Make your DCGO trade
  6. Get notifications regarding your investment in DCGO

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Docgo, add DCGO to your watchlist by clicking the button below.

NASDAQ: DCGO
$4.04-0.02 (-0.49%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: DCGO
$4.04-0.02 (-0.49%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Docgo share?

As of Mar 28, 2024, it costs $4.04 to buy one share of Docgo stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.495 shares of DCGO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Docgo stock?

According to 4 Wall Street analysts who monitor Docgo, their consensus recommendation is to buy Docgo stock.

What is the best way to buy Docgo stock?

One way to place an order for Docgo stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.