On Monday, Datadog Inc (NASDAQ: DDOG) opened lower -1.80% from the last session, before settling in for the closing price of $128.12. Price fluctuations for DDOG have ranged from $77.81 to $138.61 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 61.97% annually for the last half of the decade. Company’s average yearly earnings per share was noted 26.27% at the time writing. With a float of $293.74 million, this company’s outstanding shares have now reached $305.40 million.
In an organization with 5200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.52%, operating margin of 2.01%, and the pretax margin is 7.33%.
Datadog Inc (DDOG) Insider and Institutional Ownership
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 12.88%, while institutional ownership is 72.14%. The most recent insider transaction that took place on Oct 15 ’24, was worth 1,002,746. In this transaction Director of this company sold 7,916 shares at a rate of $126.67, taking the stock ownership to the 451,533 shares. Before that another transaction happened on Oct 14 ’24, when Company’s Chief Technology Officer sold 127,105 for $129.33, making the entire transaction worth $16,439,006. This insider now owns 336,165 shares in total.
Datadog Inc (DDOG) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.34) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.27% 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 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.72. Likewise, its price to free cash flow for the trailing twelve months is 59.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.94 in one year’s time.
Technical Analysis of Datadog Inc (DDOG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.91 million. That was inferior than the volume of 3.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.43%. Additionally, its Average True Range was 3.34.
During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 75.03%, which indicates a significant increase from 69.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.62% in the past 14 days, which was lower than the 34.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $116.77, while its 200-day Moving Average is $121.45. However, in the short run, Datadog Inc’s stock first resistance to watch stands at $128.10. Second resistance stands at $130.38. The third major resistance level sits at $131.97. If the price goes on to break the first support level at $124.23, it is likely to go to the next support level at $122.64. The third support level lies at $120.36 if the price breaches the second support level.
Datadog Inc (NASDAQ: DDOG) Key Stats
There are currently 334,499K shares outstanding in the company with a market cap of 42.42 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 645,280 K and its income totaled 43,820 K.
