Datadog Inc (NASDAQ:DDOG) shares, rose in value, with the stock price down by -0.57% to the previous day’s close as strong demand from buyers drove the stock to $129.30.
Actively observing the price movement in the recent trading, the stock is buoying the session at $130.04. The PE ratio was 280.11 over 12-month period. Referring to stock’s 52-week performance, its high was $170.08, and the low was $81.63. On the whole, DDOG has fluctuated by 11.19% over the past month.
With the market capitalization of Datadog Inc currently standing at about $44.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
The stock’s technical analysis shows that the PEG ratio is about 17.65, with the price of DDOG currently trading nearly 7.40% and 17.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.98, while the 7-day volatility ratio is showing 2.49% which for the 30-day chart, stands at 1.75%. Furthermore, Datadog Inc (DDOG)’s beta value is 1.00, and its average true range (ATR) is 3.58.
A comparison of Datadog Inc (DDOG) with its peers suggests the former has fared considerably weaker in the market. DDOG showed an intraday change of -0.57% in today’s session so far, and over the past year, it grew by 10.35%%.
Data on historical trading for Datadog Inc (NASDAQ:DDOG) indicates that the trading volumes over the past 3 months, they’ve averaged 4.86 million. According to company’s latest data on outstanding shares, there are 319.23 million shares outstanding.
Nearly 11.19% of Datadog Inc’s shares belong to company insiders and institutional investors own 74.88% of the company’s shares. The stock has fallen by -9.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DDOG stock heading into the next quarter.
