The stock of Jamf Holding Corp (JAMF) has gone up by 2.60% for the week, with a 3.00% rise in the past month and a -3.34% drop in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are 2.58% for JAMF. The simple moving average for the past 20 days is 2.33% for JAMF’s stock, with a 2.63% simple moving average for the past 200 days.
Is It Worth Investing in Jamf Holding Corp (NASDAQ: JAMF) Right Now?
The stock has a 36-month beta value of 0.49. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for JAMF is 48.14M, and at present, short sellers hold a 6.38% of that float. On April 19, 2024, the average trading volume of JAMF was 416.26K shares.
JAMF) stock’s latest price update
Jamf Holding Corp (NASDAQ: JAMF) has experienced a rise in its stock price by 0.11 compared to its previous closing price of 18.51. However, the company has seen a gain of 2.60% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-17 that MINNEAPOLIS, April 17, 2024 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report first quarter 2024 financial results for the period ended March 31, 2024, following the close of the market on Wednesday, May 8, 2024. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results.
Analysts’ Opinion of JAMF
Many brokerage firms have already submitted their reports for JAMF stocks, with Barclays repeating the rating for JAMF by listing it as a “Equal Weight.” The predicted price for JAMF in the upcoming period, according to Barclays is $20 based on the research report published on January 12, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see JAMF reach a price target of $28, previously predicting the price at $26. The rating they have provided for JAMF stocks is “Overweight” according to the report published on October 18th, 2022.
Craig Hallum gave a rating of “Hold” to JAMF, setting the target price at $29 in the report published on August 05th of the previous year.
JAMF Trading at -0.07% from the 50-Day Moving Average
After a stumble in the market that brought JAMF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.05% of loss for the given period.
Volatility was left at 2.58%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares surge +1.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.14% lower at present.
During the last 5 trading sessions, JAMF rose by +2.28%, which changed the moving average for the period of 200-days by -3.70% in comparison to the 20-day moving average, which settled at $18.12. In addition, Jamf Holding Corp saw 2.60% 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 JAMF starting from LAM LINH, who sale 25,978 shares at the price of $17.98 back on Mar 20 ’24. After this action, LAM LINH now owns 202,785 shares of Jamf Holding Corp, valued at $466,988 using the latest closing price.
STROSAHL JOHN, the CEO of Jamf Holding Corp, sale 24,966 shares at $17.97 during a trade that took place back on Mar 20 ’24, which means that STROSAHL JOHN is holding 1,068,965 shares at $448,656 based on the most recent closing price.
Stock Fundamentals for JAMF
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.76 for the gross margin
The net margin for Jamf Holding Corp stands at -0.2. The total capital return value is set at -0.09. Equity return is now at value -15.52, with -7.06 for asset returns.
Based on Jamf Holding Corp (JAMF), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -16.9.
Currently, EBITDA for the company is -55.64 million with net debt to EBITDA at -2.45. When we switch over and look at the enterprise to sales, we see a ratio of 4.47. The receivables turnover for the company is 5.18for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
To sum up, Jamf Holding Corp (JAMF) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
