The stock of JFrog Ltd (NASDAQ: FROG) has decreased by -0.85 when compared to last closing price of 27.15. Despite this, the company has experienced a 0.75% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-08-22 that NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of JFrog Ltd. (“JFrog”) (NASDAQ:FROG) concerning possible violations of federal securities laws.
Is It Worth Investing in JFrog Ltd (NASDAQ: FROG) Right Now?
The 36-month beta value for FROG is at 0.95. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for FROG is 91.38M, and currently, shorts hold a 2.89% of that float. The average trading volume for FROG on August 22, 2024 was 1.23M shares.
FROG’s Market Performance
FROG’s stock has seen a 0.75% increase for the week, with a -27.61% drop in the past month and a -19.54% fall in the past quarter. The volatility ratio for the week is 2.83%, and the volatility levels for the past 30 days are at 4.98% for JFrog Ltd The simple moving average for the last 20 days is -14.64% for FROG stock, with a simple moving average of -23.84% for the last 200 days.
Analysts’ Opinion of FROG
TD Cowen, on the other hand, stated in their research note that they expect to see FROG reach a price target of $50. The rating they have provided for FROG stocks is “Buy” according to the report published on July 24th, 2024.
Barclays gave a rating of “Overweight” to FROG, setting the target price at $50 in the report published on June 26th of the current year.
FROG Trading at -21.00% 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 -44.85% of loss for the given period.
Volatility was left at 4.98%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares sank -29.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.32% lower at present.
During the last 5 trading sessions, FROG rose by +0.52%, which changed the moving average for the period of 200-days by +0.11% in comparison to the 20-day moving average, which settled at $30.97. In addition, JFrog Ltd saw -22.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FROG starting from Landman Yoav, who sale 15,000 shares at the price of $25.68 back on Aug 09 ’24. After this action, Landman Yoav now owns 6,642,242 shares of JFrog Ltd, valued at $385,138 using the latest closing price.
Landman Yoav, the Officer of JFrog Ltd, proposed sale 15,000 shares at $25.63 during a trade that took place back on Aug 09 ’24, which means that Landman Yoav is holding shares at $384,455 based on the most recent closing price.
Stock Fundamentals for FROG
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.79 for the gross margin
The net margin for JFrog Ltd stands at -0.12. The total capital return value is set at -0.09. Equity return is now at value -7.08, with -5.02 for asset returns.
Based on JFrog Ltd (FROG), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 5.22. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -16.94.
Currently, EBITDA for the company is -60.24 million with net debt to EBITDA at 3.83. When we switch over and look at the enterprise to sales, we see a ratio of 7.11. The receivables turnover for the company is 4.74for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.56.
Conclusion
In conclusion, JFrog Ltd (FROG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
