JFrog Ltd (FROG) recent activity suggests a positive outlook with the last week’s performance of -2.95%

JFrog Ltd (NASDAQ: FROG) kicked off on Tuesday, down -2.09% from the previous trading day ,before settling in for the closing price of $43.02. Over the past 52 weeks, FROG has traded in a range of $17.11-$48.81.

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A company in the Technology sector has jumped its sales by 41.27% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 17.51%. With a float of $86.79 million, this company’s outstanding shares have now reached $106.11 million.

In an organization with 1400 employees, it is important to assess its efficiency.

JFrog Ltd (FROG) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of JFrog Ltd is 18.36%, while institutional ownership is 61.54%. The most recent insider transaction that took place on Apr 05 ’24, was worth 255,600. In this transaction CHIEF REVENUE OFFICER of this company sold 6,000 shares at a rate of $42.60, taking the stock ownership to the 522,348 shares. Before that another transaction happened on Mar 19 ’24, when Company’s Director sold 35,000 for $42.59, making the entire transaction worth $1,490,705. This insider now owns 4,689,432 shares in total.

JFrog Ltd (FROG) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.19 earnings per share (EPS), higher than consensus estimate (set at $0.12) by $0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.51% per share during the next fiscal year.

JFrog Ltd (NASDAQ: FROG) Trading Performance Indicators

Take a look at JFrog Ltd’s (FROG) current performance indicators. Last quarter, stock had a quick ratio of 2.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.80. Likewise, its price to free cash flow for the trailing twelve months is 62.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.70 in one year’s time.

Technical Analysis of JFrog Ltd (FROG)

Let’s dig in a bit further. During the last 5-days, its volume was 0.68 million. That was inferior than the volume of 1.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.38%. Additionally, its Average True Range was 1.74.

During the past 100 days, JFrog Ltd’s (FROG) raw stochastic average was set at 70.37%, which indicates a significant increase from 14.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.71% in the past 14 days, which was lower than the 56.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.38, while its 200-day Moving Average is $31.40. However, in the short run, JFrog Ltd’s stock first resistance to watch stands at $43.29. Second resistance stands at $44.45. The third major resistance level sits at $45.42. If the price goes on to break the first support level at $41.16, it is likely to go to the next support level at $40.19. The third support level lies at $39.03 if the price breaches the second support level.

JFrog Ltd (NASDAQ: FROG) Key Stats

The company with the Market Capitalisation of 4.48 billion has total of 101,884K Shares Outstanding. Its annual sales at the moment are 349,890 K in contrast with the sum of -61,260 K annual income. Company’s last quarter sales were recorded 97,260 K and last quarter income was -11,230 K.