Investors Are Craving More from JFrog Ltd. [FROG] Stocks: Here is Why

Over the past three months, JFrog Ltd. [FROG] ended the trading day at $69.80 and exhibited a change of 2.47% with a 24 hour trading and reached upto the volume of 1.69M compared to its recorded trading volume of 1.82 million. FROG generated a 1 year amount change with N/A. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -1.80% with an amount shift of -5.20% over the last month.

On 24, November 2020, JFrog to Participate at Virtual Investor Conferences in December. According to news published on Yahoo Finance, JFrog, the liquid software company, today announced its participation in the following upcoming investor conferences.

Analyst Birdseye View:

The most recent analyst activity for JFrog Ltd. [NASDAQ:FROG] stock was on October 12, 2020, when it was Initiated with a Hold rating from Stifel, which also raised its 12-month price target on the stock to $75. On October 12, 2020, Piper Sandler Initiated a Neutral rating and boosted its price target on this stock to $76. On October 12, 2020, Oppenheimer Initiated an Outperform rating. On October 12, 2020, Needham Initiated a Buy rating and increased its price target to $89. On October 12, 2020, Morgan Stanley Initiated an Equal-weight rating and boosted its amount on this stock to $67. On October 12, 2020, KeyBanc Capital Markets Initiated an Overweight rating and boosted its target amount on this stock to $86.

In the past 52 weeks of trading, this stock has oscillated between a low of $57.14 and a peak of $95.20. Right now, according to Wall Street analyst the average 12-month amount target is $78.33. At the most recent market close, shares of JFrog Ltd. [NASDAQ:FROG] were valued at $69.80. According to the average price forecast, investors can expect a potential return of 2.09%.

FUNDAMENTAL ANALYSIS

JFrog Ltd. [NASDAQ:FROG] most recently reported quarterly sales of 38.89 billion, which represented growth of 39.90%. This company’s Gross Margin is currently 80.90%, its Operating Margin is -4.70%, its Pretax Margin is -3.60, and its Net Margin is -5.15. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.37, -3.86, -3.54 and -3.86 respectively.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 67.12 points at 1st support level, the second support level is making up to 66.12. But as of 1st resistance point, this stock is sitting at 68.81 and at 69.50 for 2nd resistance point.

JFrog Ltd. [FROG] reported its earnings at $0.05 per share in the fiscal quarter closing of 9/29/2020.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for JFrog Ltd. [NASDAQ:FROG] is 6.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.94.

Insider Stories

The most recent insider trade was by Simon Frederic, Director, and it was the sale of 0.3 million shares on Sep 18. Vitus Andrew L., the Director, completed a sale of 1.09 million shares on Sep 18. On Sep 18, Landman Yoav, Chief Technology Officer, completed a sale of 0.5 million shares.