Additionally, the 36-month beta value for FROG is 0.99. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FROG is 86.79M and currently, short sellers hold a 1.72% ratio of that float. The average trading volume of FROG on April 05, 2024 was 1.34M shares.
FROG) stock’s latest price update
JFrog Ltd (NASDAQ: FROG)’s stock price has gone decline by -1.43 in comparison to its previous close of 43.28, however, the company has experienced a -2.87% decrease in its stock price over the last five trading days. Barrons reported 2024-03-19 that KeyBanc Capital Markets say the two companies should be able to grow revenue more than 20%.
FROG’s Market Performance
JFrog Ltd (FROG) has seen a -2.87% fall in stock performance for the week, with a 2.57% gain in the past month and a 33.10% surge in the past quarter. The volatility ratio for the week is 4.01%, and the volatility levels for the past 30 days are at 3.71% for FROG. The simple moving average for the last 20 days is -1.39% for FROG’s stock, with a simple moving average of 37.22% for the last 200 days.
Analysts’ Opinion of FROG
Many brokerage firms have already submitted their reports for FROG stocks, with KeyBanc Capital Markets repeating the rating for FROG by listing it as a “Overweight.” The predicted price for FROG in the upcoming period, according to KeyBanc Capital Markets is $52 based on the research report published on March 19, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FROG reach a price target of $42, previously predicting the price at $32. The rating they have provided for FROG stocks is “Overweight” according to the report published on December 21st, 2023.
Scotiabank gave a rating of “Sector Perform” to FROG, setting the target price at $29 in the report published on September 28th of the previous year.
FROG Trading at 4.99% 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 -12.60% of loss for the given period.
Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 4.01%, as shares sank -0.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.77% upper at present.
During the last 5 trading sessions, FROG fell by -2.87%, which changed the moving average for the period of 200-days by +55.98% in comparison to the 20-day moving average, which settled at $43.26. In addition, JFrog Ltd saw 23.26% 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 FROG starting from Simon Frederic, who sale 35,000 shares at the price of $42.59 back on Mar 19 ’24. After this action, Simon Frederic now owns 4,689,432 shares of JFrog Ltd, valued at $1,490,705 using the latest closing price.
Landman Yoav, the CHIEF TECHNOLOGY OFFICER of JFrog Ltd, sale 40,000 shares at $42.47 during a trade that took place back on Mar 08 ’24, which means that Landman Yoav is holding 6,771,371 shares at $1,698,737 based on the most recent closing price.
Stock Fundamentals for FROG
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.78 for the gross margin
The net margin for JFrog Ltd stands at -0.18. The total capital return value is set at -0.11. Equity return is now at value -9.40, with -6.64 for asset returns.
Based on JFrog Ltd (FROG), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 3.34. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 18.92.
Currently, EBITDA for the company is -60.24 million with net debt to EBITDA at 1.04. When we switch over and look at the enterprise to sales, we see a ratio of 12.78. The receivables turnover for the company is 4.58for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.42.
Conclusion
In conclusion, JFrog Ltd (FROG) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
