JFrog Ltd. (NASDAQ:FROG) went up by 2.38% from its latest closing price compared to the recent 1-year high of $95.20. The company’s stock price has collected 3.43% of gains in the last five trading sessions. Press Release reported on 10/04/21 that JFrog Authorized as a Numbering Authority for Vulnerabilities Exposure
Is It Worth Investing in JFrog Ltd. (NASDAQ :FROG) Right Now?
Opinions of the stock are interesting as 4 analysts out of 11 who provided ratings for JFrog Ltd. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $53.33, which is $19.82 above the current price. FROG currently public float of 64.32M and currently shorts hold a 9.78% ratio of that float. Today, the average trading volume of FROG was 771.50K shares.
FROG’s Market Performance
FROG stocks went up by 3.43% for the week, with a monthly drop of -7.58% and a quarterly performance of -22.18%, while its annual performance rate touched -54.48%. The volatility ratio for the week stands at 2.72% while the volatility levels for the past 30 days are set at 3.18% for JFrog Ltd.. The simple moving average for the period of the last 20 days is -2.10% for FROG stocks with a simple moving average of -29.00% for the last 200 days.
Analysts’ Opinion of FROG
Many brokerage firms have already submitted their reports for FROG stocks, with BofA Securities repeating the rating for FROG by listing it as a “Neutral.” The predicted price for FROG in the upcoming period, according to BofA Securities is $45 based on the research report published on May 27th of the current year 2021.
Berenberg, on the other hand, stated in their research note that they expect to see FROG reach a price target of $75. The rating they have provided for FROG stocks is “Buy” according to the report published on April 23rd, 2021.
Summit Insights gave a rating of “Hold” to FROG, setting the target price at $50 in the report published on April 14th of the current year.
FROG Trading at -8.58% from the 50-Day Moving Average
After a stumble in the market that brought FROG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.80% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares sank -7.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.94% lower at present.
During the last 5 trading sessions, FROG rose by +3.43%, which changed the moving average for the period of 200-days by -47.30% in comparison to the 20-day moving average, which settled at $34.08. In addition, JFrog Ltd. saw -46.67% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at FROG starting from HORING JEFF, who sale 104,160 shares at the price of $37.63 back on Sep 09. After this action, HORING JEFF now owns 4,748,164 shares of JFrog Ltd., valued at $3,919,260 using the latest closing price.
HORING JEFF, the Director of JFrog Ltd., sale 74,535 shares at $37.55 during a trade that took place back on Sep 08, which means that HORING JEFF is holding 4,852,324 shares at $2,799,116 based on the most recent closing price.
Stock Fundamentals for FROG
Current profitability levels for the company are sitting at:
- -7.71 for the present operating margin
- +80.70 for the gross margin
The net margin for JFrog Ltd. stands at -6.24. The total capital return value is set at -3.34, while invested capital returns managed to touch -2.70. Equity return is now at value -5.40, with -4.30 for asset returns.
The receivables turnover for the company is 4.88 and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.29.