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Check out this: Datadog Inc (DDOG) could be on the verge of a big rally

Datadog Inc (NASDAQ: DDOG) is -3.81% lower on its value in year-to-date trading and has touched a low of $77.81 and a high of $138.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DDOG stock was last observed hovering at around $118.26 in the last trading session, with the day’s loss setting it -1.51%.

Currently trading at $116.75, the stock is -5.40% and -5.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.43 million and changing -1.28% at the moment leaves the stock 4.70% off its SMA200. DDOG registered 33.81% gain for a year compared to 6-month gain of 12.64%.

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The stock witnessed a -7.21% loss in the last 1 month and extending the period to 3 months gives it a -11.34%, and is 3.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 3.61% over the month.

Datadog Inc (DDOG) has around 5200 employees, a market worth around $39.04B and $2.26B in sales. Current P/E ratio is 359.45 and Fwd P/E is 62.01. Profit margin for the company is 5.11%. Distance from 52-week low is 50.04% and -15.77% from its 52-week high. The company has generated returns on investments over the last 12 months (3.68%).

The EPS is expected to grow by 20.78% this year.

Datadog Inc (DDOG) Top Institutional Holders

The shares outstanding are 305.40M, and float is at 272.30M with Short Float at 3.69%.

Datadog Inc (DDOG) Insider Activity

The most recent transaction is an insider sale by De Madre Armelle,the company’sCHIEF PEOPLE OFFICER. SEC filings show that De Madre Armelle sold 300 shares of the company’s common stock on May 07 ’24 at a price of $113.37 per share for a total of $34011.0. Following the sale, the insider now owns 0.1 million shares.

Datadog Inc disclosed in a document filed with the SEC on May 06 ’24 that Pomel Olivier (CHIEF EXECUTIVE OFFICER) sold a total of 85,637 shares of the company’s common stock. The trade occurred on May 06 ’24 and was made at $125.41 per share for $10.74 million. Following the transaction, the insider now directly holds 0.34 million shares of the DDOG stock.

Still, SEC filings show that on Apr 24 ’24, Pomel Olivier (CHIEF EXECUTIVE OFFICER) disposed off 24,518 shares at an average price of $130.08 for $3.19 million. The insider now directly holds 337,247 shares of Datadog Inc (DDOG).

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