On Monday, Datadog Inc (NASDAQ: DDOG) was -0.18% drop from the session before settling in for the closing price of $126.60. A 52-week range for DDOG has been $77.81 – $138.61.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 61.97%. When this article was written, the company’s average yearly earnings per share was at 26.28%. With a float of $293.75 million, this company’s outstanding shares have now reached $305.40 million.
The extent of productivity of a business whose workforce counts for 5200 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Datadog Inc stocks. The insider ownership of Datadog Inc is 12.87%, while institutional ownership is 72.19%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 26.28% per share during the next fiscal year.
Datadog Inc (NASDAQ: DDOG) Trading Performance Indicators
You can see what Datadog Inc (DDOG) is doing with its current performance indicators. In the most recent 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 17.80. Likewise, its price to free cash flow for the trailing twelve months is 59.62.
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 1.95 in one year’s time.
Technical Analysis of Datadog Inc (DDOG)
The latest stats from [Datadog Inc, DDOG] show that its last 5-days average volume of 2.35 million was inferior to 3.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.88%. Additionally, its Average True Range was 3.28.
During the past 100 days, Datadog Inc’s (DDOG) raw stochastic average was set at 76.58%, which indicates a significant increase from 51.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.18% in the past 14 days, which was lower than the 32.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.79, while its 200-day Moving Average is $121.58. Now, the first resistance to watch is $127.63. This is followed by the second major resistance level at $128.89. The third major resistance level sits at $129.83. If the price goes on to break the first support level at $125.43, it is likely to go to the next support level at $124.49. Assuming the price breaks the second support level, the third support level stands at $123.23.
Datadog Inc (NASDAQ: DDOG) Key Stats
There are 334,499K outstanding shares of the company, which has a market capitalization of 42.61 billion. As of now, sales total 2,128 M while income totals 48,570 K. Its latest quarter income was 645,280 K while its last quarter net income were 43,820 K.
