Datadog Inc (DDOG) is gearing up for another turning point as it hit the volume of 2.73 million

On Monday, Datadog Inc (NASDAQ: DDOG) opened lower -1.81% from the last session, before settling in for the closing price of $131.45. Price fluctuations for DDOG have ranged from $63.00 to $138.61 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 61.97% over the last five years. Company’s average yearly earnings per share was noted 8.37% at the time writing. With a float of $274.83 million, this company’s outstanding shares have now reached $305.40 million.

The firm has a total of 5200 workers. Let’s measure their productivity.

Datadog Inc (DDOG) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Datadog Inc is 17.19%, while institutional ownership is 68.08%. The most recent insider transaction that took place on Apr 24 ’24, was worth 3,189,238. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 24,518 shares at a rate of $130.08, taking the stock ownership to the 337,247 shares. Before that another transaction happened on Apr 23 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 23,924 for $130.05, making the entire transaction worth $3,111,398. This insider now owns 337,247 shares in total.

Datadog Inc (DDOG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 8.37% per share during the next fiscal year.

Datadog Inc (NASDAQ: DDOG) Trading Performance Indicators

Check out the current performance indicators for Datadog Inc (DDOG). In the past quarter, the stock posted a quick ratio of 3.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.13. Likewise, its price to free cash flow for the trailing twelve months is 67.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.78 in one year’s time.

Technical Analysis of Datadog Inc (DDOG)

Analysing the last 5-days average volume posted by the [Datadog Inc, DDOG], we can find that recorded value of 3.84 million was lower than the volume posted last year of 4.03 million. As of the previous 9 days, the stock’s Stochastic %D was 71.86%. Additionally, its Average True Range was 4.78.

During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 65.82%, which indicates a significant decrease from 73.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.82% in the past 14 days, which was higher than the 32.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $125.36, while its 200-day Moving Average is $111.04. Now, the first resistance to watch is $131.24. This is followed by the second major resistance level at $133.41. The third major resistance level sits at $134.81. If the price goes on to break the first support level at $127.68, it is likely to go to the next support level at $126.28. Should the price break the second support level, the third support level stands at $124.11.

Datadog Inc (NASDAQ: DDOG) Key Stats

There are currently 331,874K shares outstanding in the company with a market cap of 42.83 billion. Presently, the company’s annual sales total 2,128 M according to its annual income of 48,570 K. Last quarter, the company’s sales amounted to 589,650 K and its income totaled 53,990 K.