, and the 36-month beta value for DDOG is at 0.89. Analysts have varying views on the stock, with 22 analysts rating it as a “buy,” 7 rating it as “overweight,” 9 as “hold,” and 0 as “sell.”
The average price suggested by analysts for DDOG is $98.73, which is $3.89 above the current market price. The public float for DDOG is 263.53M, and currently, shorts hold a 3.78% of that float. The average trading volume for DDOG on May 25, 2023 was 5.40M shares.
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DDOG) stock’s latest price update
Datadog Inc. (NASDAQ: DDOG) has experienced a rise in its stock price by 0.40 compared to its previous closing price of 93.07. However, the company has seen a gain of 2.37% in its stock price over the last five trading days. Barron’s reported on 02/16/23 that Datadog Earnings Beat Expectations. Why the Stock Is Falling.
DDOG’s Market Performance
DDOG’s stock has risen by 2.37% in the past week, with a monthly rise of 49.05% and a quarterly rise of 18.73%. The volatility ratio for the week is 3.19% while the volatility levels for the last 30 days are 4.18% for Datadog Inc. The simple moving average for the past 20 days is 15.82% for DDOG’s stock, with a 16.10% simple moving average for the past 200 days.
DDOG Trading at 28.37% from the 50-Day Moving Average
After a stumble in the market that brought DDOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.62% of loss for the given period.
Volatility was left at 4.18%, however, over the last 30 days, the volatility rate increased by 3.19%, as shares surge +34.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.66% upper at present.
During the last 5 trading sessions, DDOG rose by +2.37%, which changed the moving average for the period of 200-days by -17.30% in comparison to the 20-day moving average, which settled at $81.89. In addition, Datadog Inc. saw 27.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DDOG starting from De Madre Armelle, who sale 6,543 shares at the price of $90.00 back on May 17. After this action, De Madre Armelle now owns 109,650 shares of Datadog Inc., valued at $588,870 using the latest closing price.
Le-Quoc Alexis, the Chief Technology Officer of Datadog Inc., sale 71,364 shares at $86.26 during a trade that took place back on May 11, which means that Le-Quoc Alexis is holding 288,630 shares at $6,155,615 based on the most recent closing price.
Stock Fundamentals for DDOG
Current profitability levels for the company are sitting at:
- -3.50 for the present operating margin
- +79.25 for the gross margin
The net margin for Datadog Inc. stands at -2.99. The total capital return value is set at -2.87, while invested capital returns managed to touch -2.47. Equity return is now at value -6.20, with -2.90 for asset returns.
Based on Datadog Inc. (DDOG), the company’s capital structure generated 59.38 points at debt to equity in total, while total debt to capital is 37.26. Total debt to assets is 27.87, with long-term debt to equity ratio resting at 57.81. Finally, the long-term debt to capital ratio is 36.27.
When we switch over and look at the enterprise to sales, we see a ratio of 16.11, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 4.96 and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.
Conclusion
In conclusion, Datadog Inc. (DDOG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
