Datadog Inc. (NASDAQ:DDOG) previous close was $82.51 while the outstanding shares total 306.03M. DDOG’s shares traded lower over the last trading session, losing -1.79% on 05/17/21. The shares fell to a low of $76.80 before closing at $81.03. Intraday shares traded counted 5.42 million, which was -44.92% lower than its 30-day average trading volume of 3.74M. The stock’s Relative Strength Index (RSI) is 47.44, with weekly volatility at 6.11% and ATR at 4.50. The DDOG stock’s 52-week price range has touched low of $62.50 and a $119.43 high.
Investors have identified the Software – Application company Datadog Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $23.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Datadog Inc. (DDOG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.75 billion total, with 320.81 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DDOG sounds very interesting.
Is the stock of DDOG attractive?
In related news, Chief Financial Officer, OBSTLER DAVID M sold 5,000 shares of the company’s stock in a transaction that recorded on May 13. The sale was performed at an average price of 80.25, for a total value of 401,250. As the sale deal closes, the Director, Richardson Julie now sold 3,126 shares of the company’s stock, valued at 243,784. Also, Chief Product Officer, Agarwal Amit sold 7,500 shares of the company’s stock in a deal that was recorded on May 05. The shares were price at an average price of 77.56 per share, with a total market value of 581,671. Following this completion of acquisition, the Chief Product Officer, Agarwal Amit now holds 15,700 shares of the company’s stock, valued at 1,217,912. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.50%.
11 out of 21 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Datadog Inc.. 0 analysts has assigned a Sell rating on the DDOG stock. The 12-month mean consensus price target for the company’s shares has been set at $118.93.