The stock of Jamf Holding Corp (JAMF) has gone up by 0.20% for the week, with a 8.42% rise in the past month and a 2.52% rise in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are 3.00% for JAMF. The simple moving average for the past 20 days is 3.57% for JAMF’s stock, with a 10.91% simple moving average for the past 200 days.
Is It Worth Investing in Jamf Holding Corp (NASDAQ: JAMF) Right Now?
JAMF has 36-month beta value of 0.47. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for JAMF is 50.70M, and currently, short sellers hold a 6.73% ratio of that float. The average trading volume of JAMF on May 10, 2024 was 450.81K shares.
JAMF) stock’s latest price update
Jamf Holding Corp (NASDAQ: JAMF)’s stock price has increased by 1.22 compared to its previous closing price of 19.71. However, the company has seen a 0.20% increase in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-05-09 that MINNEAPOLIS, May 09, 2024 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today that members of its management team will present at the following investor conference:
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 8.16% 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 -12.84% of loss for the given period.
Volatility was left at 3.00%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares surge +7.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.77% upper at present.
During the last 5 trading sessions, JAMF rose by +0.20%, which changed the moving average for the period of 200-days by -7.04% in comparison to the 20-day moving average, which settled at $19.33. In addition, Jamf Holding Corp saw 10.47% 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 GOODKIND IAN, who sale 51,439 shares at the price of $20.07 back on May 03 ’24. After this action, GOODKIND IAN now owns 244,699 shares of Jamf Holding Corp, valued at $1,032,278 using the latest closing price.
LAM LINH, the CIO of Jamf Holding Corp, sale 2,200 shares at $20.03 during a trade that took place back on May 03 ’24, which means that LAM LINH is holding 200,585 shares at $44,073 based on the most recent closing price.
Stock Fundamentals for JAMF
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.76 for the gross margin
The net margin for Jamf Holding Corp stands at -0.18. The total capital return value is set at -0.09. Equity return is now at value -14.97, with -6.93 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 0.12. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -20.21.
Currently, EBITDA for the company is -55.64 million with net debt to EBITDA at -2.19. When we switch over and look at the enterprise to sales, we see a ratio of 4.66. The receivables turnover for the company is 6.08for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To put it simply, Jamf Holding Corp (JAMF) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
