There Is Clear Momentum For Datadog Inc (NASDAQ: DDOG)

Datadog Inc (DDOG) concluded trading on Thursday at a closing price of $126.22, with 2.49 million shares of worth about $314.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.96% during that period and on October 17, 2024 the price saw a gain of about 0.17%. Currently the company’s common shares owned by public are about 305.40M shares, out of which, 293.74M shares are available for trading.

Stock saw a price change of -2.97% in past 5 days and over the past one month there was a price change of 11.52%. Year-to-date (YTD), DDOG shares are showing a performance of 3.99% which increased to 39.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $77.81 but also hit the highest price of $138.61 during that period. The average intraday trading volume for Datadog Inc shares is 3.27 million. The stock is currently trading 4.42% above its 20-day simple moving average (SMA20), while that difference is up 8.60% for SMA50 and it goes to 4.05% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Datadog Inc (NASDAQ: DDOG) currently have 305.40M outstanding shares and institutions hold larger chunk of about 72.15% of that.

The stock has a current market capitalization of $42.56B and its 3Y-monthly beta is at 1.11. PE ratio of stock for trailing 12 months is 274.39, while it has posted earnings per share of $0.46 in the same period. Its PEG reads 14.43 and has Quick Ratio of 1.98 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DDOG, volatility over the week remained 2.35% while standing at 2.49% over the month.

Stock’s fiscal year EPS is expected to rise by 27.22% while it is estimated to increase by 15.64% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on October 08, 2024 offering an Outperform rating for the stock and assigned a target price of $150 to it. Coverage by DA Davidson stated Datadog Inc (DDOG) stock as a Buy in their note to investors on October 01, 2024, suggesting a price target of $140 for the stock. On August 07, 2024, Monness Crespi & Hardt Upgrade their recommendations, while on August 01, 2024, BTIG Research Upgrade their ratings for the stock with a price target of $143. Stock get an Outperform rating from Mizuho on July 16, 2024.

Most Popular

Related Posts