A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Datadog Inc’s current trading price is -21.84% away from its 52-week high, while its distance from the 52-week low is 62.86%. The stock’s price range for this time frame has been between $81.63 and $170.08. The trading volume of the company’s shares in the Technology reached around 5.02 million for the day, which was evidently lower than the average daily volume of 6.77 million over the last three months.
Datadog Inc (DDOG) has a current stock price of $132.94. During the previous trading session, the stock witnessed a notable rise, reaching a high of $200.0 after opening at $132.94. The stock’s low for the day was $105.0, and it eventually closed at $139.13.
Datadog Inc had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Datadog Inc (DDOG) has experienced a quarterly rise of 25.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.91B and boasts a workforce of 6500 employees.
Decoding Analysts’ Ratings for Datadog Inc
As of right now, 28 analysts are rating Datadog Inc as a BUY, 8 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 117.92, with a change in price of +30.91. Similarly, Datadog Inc recorded 6,010,437 in trading volume during the last 100 days, posting a change of +30.30%.
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
The raw stochastic average for Datadog Inc over the last 50 days is presently at 44.56%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 1.13%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.69% and 20.17%, respectively.
DDOG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 17.54% this year. Over the last six months, there has been a stronger performance of -7.14%. The price of DDOG leaped by -12.77% during the last 30 days period. For the last 5-days stocks have slided -11.53%.
