JFrog Ltd (NASDAQ: FROG)’s stock price has soared by 3.25 in relation to previous closing price of 30.77. Nevertheless, the company has seen a gain of 1.40% in its stock price over the last five trading days. accesswire.com reported 2024-11-22 that NEW YORK, NY / ACCESSWIRE / November 22, 2024 / Pomerantz LLP is investigating claims on behalf of investors of JFrog Ltd. (“JFrog” or the “Company”) (NASDAQ:FROG).
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 12 analysts rating it as a “buy,” 5 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for FROG is 92.87M, and currently, shorts hold a 3.95% of that float. The average trading volume for FROG on December 04, 2024 was 1.18M shares.
FROG’s Market Performance
The stock of JFrog Ltd (FROG) has seen a 1.40% increase in the past week, with a 6.43% rise in the past month, and a 11.87% gain in the past quarter. The volatility ratio for the week is 2.54%, and the volatility levels for the past 30 days are at 3.52% for FROG. The simple moving average for the past 20 days is 1.73% for FROG’s stock, with a -7.69% simple moving average for the past 200 days.
Analysts’ Opinion of FROG
Many brokerage firms have already submitted their reports for FROG stocks, with Needham repeating the rating for FROG by listing it as a “Buy.” The predicted price for FROG in the upcoming period, according to Needham is $33 based on the research report published on September 05, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see FROG reach a price target of $32. The rating they have provided for FROG stocks is “Outperform” according to the report published on August 27th, 2024.
FROG Trading at 5.24% 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 -34.91% of loss for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 2.54%, as shares surge +4.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.94% upper at present.
During the last 5 trading sessions, FROG rose by +1.76%, which changed the moving average for the period of 200-days by -24.99% in comparison to the 20-day moving average, which settled at $31.24. In addition, JFrog Ltd saw -8.21% 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 EDUARD GRABSCHEID, who proposed sale 1,586 shares at the price of $30.52 back on Dec 03 ’24. After this action, EDUARD GRABSCHEID now owns shares of JFrog Ltd, valued at $48,405 using the latest closing price.
Grabscheid Eduard, the CHIEF FINANCIAL OFFICER of JFrog Ltd, sale 347 shares at $30.51 during a trade that took place back on Nov 18 ’24, which means that Grabscheid Eduard is holding 98,094 shares at $10,587 based on the most recent closing price.
Stock Fundamentals for FROG
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.78 for the gross margin
The net margin for JFrog Ltd stands at -0.14. The total capital return value is set at -0.1. Equity return is now at value -8.13, with -5.73 for asset returns.
Currently, EBITDA for the company is -60.24 million with net debt to EBITDA at 0.69. When we switch over and look at the enterprise to sales, we see a ratio of 8.5. The receivables turnover for the company is 4.41for 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 1.98.
Conclusion
In conclusion, JFrog Ltd (FROG) has had a better 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.
