Datadog Inc (DDOG) concluded trading on Wednesday at a closing price of $165.88, with 9.87 million shares of worth about $1.64 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.14% during that period and on December 04, 2024 the price saw a gain of about 7.01%. Currently the company’s common shares owned by public are about 312.92M shares, out of which, 301.05M shares are available for trading.
Stock saw a price change of 7.44% in past 5 days and over the past one month there was a price change of 32.11%. Year-to-date (YTD), DDOG shares are showing a performance of 36.66% which increased to 40.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $98.80 but also hit the highest price of $157.48 during that period. The average intraday trading volume for Datadog Inc shares is 3.92 million. The stock is currently trading 18.60% above its 20-day simple moving average (SMA20), while that difference is up 27.60% for SMA50 and it goes to 35.32% higher than SMA200.
Datadog Inc (NASDAQ: DDOG) currently have 312.92M outstanding shares and institutions hold larger chunk of about 75.64% of that.
The stock has a current market capitalization of $56.35B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 307.07, while it has posted earnings per share of $0.54 in the same period. Its PEG reads 13.96 and has Quick Ratio of 2.10 while making debt-to-equity ratio of 0.37. 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 3.03% while standing at 3.72% over the month.
Stock’s fiscal year EPS is expected to rise by 34.09% while it is estimated to increase by 13.51% 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 BMO Capital Markets on November 08, 2024 offering an Outperform rating for the stock and assigned a target price range of between $135 and $145 to it. Coverage by Monness Crespi & Hardt stated Datadog Inc (DDOG) stock as a Buy in their note to investors on November 07, 2024, suggesting a price target of $155 for the stock. On October 25, 2024, BMO Capital Markets Reiterated their recommendations, while on October 18, 2024, UBS Upgrade their ratings for the stock with a price target of $150. Stock get an Outperform rating from Exane BNP Paribas on October 08, 2024.
