Time to Buy Beat-Down Datadog Inc. (DDOG) Stock? Here is the INSIGHT

At the end of the latest market close, Datadog Inc. (DDOG) was valued at $90.65. In that particular session, Stock kicked-off at the price of $91.86 while reaching the peak value of $95.32 and lowest value recorded on the day was $91.20. The stock current value is $92.25.

Datadog Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $98.99 on 07/09/20, with the lowest value was $28.88 for the same time period, recorded on 03/16/20.

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Datadog Inc. (DDOG) full year performance was 185.87%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Datadog Inc. shares are logging -6.81% during the 52-week period from high price, and 234.85% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $27.55 and $98.99.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3283945 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Datadog Inc. (DDOG) recorded performance in the market was 144.18%, having the revenues showcasing 10.19% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 27.28B, as it employees total of 1403 workers.

Analysts verdict on Datadog Inc. (DDOG)

During the last month, 8 analysts gave the Datadog Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 82.04, with a change in the price was noted +45.69. In a similar fashion, Datadog Inc. posted a movement of +98.13% for the period of last 100 days, recording 5,088,846 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DDOG is recording 0.61 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.61.

Datadog Inc. (DDOG): Technical Analysis

Raw Stochastic average of Datadog Inc. in the period of last 50 days is set at 81.64%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.47%. In the last 20 days, the company’s Stochastic %K was 76.25% and its Stochastic %D was recorded 77.73%.

Let’s take a glance in the erstwhile performances of Datadog Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 144.18%. Additionally, trading for the stock in the period of the last six months notably improved by 165.47%, alongside a boost of 185.87% for the period of the last 12 months. The shares increased approximately by 4.66% in the 7-day charts and went down by 10.43% in the period of the last 30 days. Common stock shares were driven by 10.19% during last recorded quarter.

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