The stock of Datadog Inc (DDOG) has seen a 7.21% increase in the past week, with a 29.84% gain in the past month, and a 19.30% flourish in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 4.06% for DDOG.. The simple moving average for the past 20 days is 20.98% for DDOG’s stock, with a 27.19% simple moving average for the past 200 days.

Is It Worth Investing in Datadog Inc (NASDAQ: DDOG) Right Now?

The 36-month beta value for DDOG is also noteworthy at 1.12. There are mixed opinions on the stock, with 20 analysts rating it as a “buy,” 6 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for DDOG is $115.63, which is $3.86 above than the current price. The public float for DDOG is 269.18M, and at present, short sellers hold a 3.55% of that float. The average trading volume of DDOG on November 21, 2023 was 4.27M shares.

DDOG) stock’s latest price update

Datadog Inc (NASDAQ: DDOG)’s stock price has soared by 2.04 in relation to previous closing price of 109.54. Nevertheless, the company has seen a gain of 7.21% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-16 that Growth investors have every reason to be happy in 2023, with a much-needed shift in sentiment helping drive many growth-related stocks higher.

Analysts’ Opinion of DDOG

Many brokerage firms have already submitted their reports for DDOG stocks, with Mizuho repeating the rating for DDOG by listing it as a “Neutral.” The predicted price for DDOG in the upcoming period, according to Mizuho is $108 based on the research report published on November 08, 2023 of the current year 2023.

DDOG Trading at 22.03% 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 -5.30% of loss for the given period.

Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +30.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.71% upper at present.

During the last 5 trading sessions, DDOG rose by +7.21%, which changed the moving average for the period of 200-days by +40.66% in comparison to the 20-day moving average, which settled at $93.69. In addition, Datadog Inc saw 52.07% 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 Pomel Olivier, who sale 85,637 shares at the price of $110.32 back on Nov 15. After this action, Pomel Olivier now owns 317,784 shares of Datadog Inc, valued at $9,447,791 using the latest closing price.

OBSTLER DAVID M, the Chief Financial Officer of Datadog Inc, sale 10,000 shares at $108.37 during a trade that took place back on Nov 14, which means that OBSTLER DAVID M is holding 260,617 shares at $1,083,678 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 -2.23, with -1.09 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 17.40, 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 summary, Datadog Inc (DDOG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.