Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Datadog Inc’s current trading price is -12.46% away from its 52-week high, while its distance from the 52-week low is 82.38%. The stock’s price range during this period has varied between $81.63 and $170.08. The company, active in the Technology sector, saw a trading volume of around 3.52 million for the day, considerably lower average daily volume of 6.75 million observed over the last three months.
The current stock price for Datadog Inc (DDOG) is $148.88. The stock experienced a significant increase during the last trading session, reaching $200.0 after opening at $148.88. It dipped to a low of $105.0 before ultimately closing at $150.27.
Datadog Inc’s stock market performance has been consistent.
How Financial Performance Impacts Market Capitalization
Datadog Inc (DDOG) has experienced a quarterly rise of 45.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.42B and boasts a workforce of 6500 employees.
Decoding Analysts’ Ratings for Datadog Inc
As of right now, 27 analysts are rating Datadog Inc as a BUY, 9 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 116.59, with a change in price of +37.42. Similarly, Datadog Inc recorded 6,049,664 in trading volume during the last 100 days, posting a change of +33.57%.
How DDOG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DDOG stands at 0.64. Similarly, the long-term debt-to-equity ratio is also 0.41.
DDOG Stock Stochastic Average
As of today, the raw stochastic average of Datadog Inc over the past 50 days is 80.73%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 67.79%. Additionally, the Stochastic %K and %D values for the company were 72.40% and 72.05%, respectively, over the past 20 days.
DDOG Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 25.84% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.98%. Over the past 30 days, the price of DDOG has fallen by 10.83%. And in the last five days, it has surged by 3.39%.
