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Are JFrog Ltd. (NASDAQ:FROG) Prospects Worsening?

JFrog Ltd. (NASDAQ:FROG) stock’s Relative Strength Index (RSI) is 54.58, with weekly volatility at 5.00% and ATR at 2.27. The FROG stock’s 52-week price range has touched low of $33.38 and a $95.20 high. Its shares traded lower over the last trading session, losing -2.10% on 06/03/21. The shares fell to a low of $42.34 before closing at $43.28. Intraday shares traded counted 0.67 million, which was 37.6% higher than its 30-day average trading volume of 1.08M. FROG’s previous close was $44.21 while the outstanding shares total 91.88M.

Investors have identified the Software – Application company JFrog Ltd. 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 $3.87 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.

JFrog Ltd. (FROG) 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 675.16 million total, with 140.04 million as their total liabilities.

FROG were able to record 7.68 million as free cash flow during the 08/05/2021 quarter of the year, this saw their quarterly net cash flow reduce by -17.8 million. In cash movements, the company had a total of 8.81 million as operating cash flow.

Potential earnings growth for JFrog Ltd. (FROG)

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 8.43 million trying to sell their products during the last quarter, with the result yielding a gross income of 36.66 million. This allows shareholders to hold on to 91.88M with the recently reported earning now reading -0.09 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (-0.08 cents a share).

Having a look at the company’s valuation, the company is expected to record -0.15 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 FROG sounds very interesting.

Is the stock of FROG attractive?

In related news, Director, Vitus Andrew L. sold 60,795 shares of the company’s stock in a transaction that recorded on Feb 19. The sale was performed at an average price of 67.37, for a total value of 4,095,637. As the sale deal closes, the 10% Owner, Gemini Israel V Limited Partne now sold 76,683 shares of the company’s stock, valued at 5,229,827. Also, Director, Sela Yossi sold 76,683 shares of the company’s stock in a deal that was recorded on Feb 19. The shares were price at an average price of 68.20 per share, with a total market value of 5,229,827. Following this completion of acquisition, the Chief Executive Officer, Shlomi Ben Haim now holds 50,000 shares of the company’s stock, valued at 3,277,191. In the last 6 months, insiders have changed their ownership in shares of company stock by 20.50%.

4 out of 10 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on JFrog Ltd.. 0 analysts has assigned a Sell rating on the FROG stock. The 12-month mean consensus price target for the company’s shares has been set at $63.44.

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