A new trading day began on Friday, with Datadog Inc (NASDAQ: DDOG) stock price down -5.17% from the previous day of trading, before settling in for the closing price of $113.10. DDOG’s price has ranged from $77.81 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. Meanwhile, its annual earnings per share averaged 22.37%. With a float of $291.12 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Datadog Inc is 12.94%, while institutional ownership is 71.96%. The most recent insider transaction that took place on Jul 08 ’24, was worth 26,331,321. In this transaction Chief Executive Officer of this company sold 200,993 shares at a rate of $131.01, taking the stock ownership to the 324,539 shares. Before that another transaction happened on Jul 01 ’24, when Company’s Chief Technology Officer sold 127,105 for $130.75, making the entire transaction worth $16,619,448. This insider now owns 279,025 shares in total.
Datadog Inc (DDOG) Recent Fiscal highlights
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 0.36 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.37% per share during the next fiscal year.
Datadog Inc (NASDAQ: DDOG) Trading Performance Indicators
Here are Datadog Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.89. Likewise, its price to free cash flow for the trailing twelve months is 50.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.91 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 4.04 million. As of the previous 9 days, the stock’s Stochastic %D was 14.18%. Additionally, its Average True Range was 4.46.
During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 3.67%, which indicates a significant decrease from 4.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.46% in the past 14 days, which was higher than the 39.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.32, while its 200-day Moving Average is $118.73. Now, the first resistance to watch is $109.38. This is followed by the second major resistance level at $111.51. The third major resistance level sits at $113.10. If the price goes on to break the first support level at $105.66, it is likely to go to the next support level at $104.07. Now, if the price goes above the second support level, the third support stands at $101.94.
Datadog Inc (NASDAQ: DDOG) Key Stats
With a market capitalization of 35.88 billion, the company has a total of 334,499K Shares Outstanding. Currently, annual sales are 2,128 M while annual income is 48,570 K. The company’s previous quarter sales were 611,250 K while its latest quarter income was 42,630 K.
