Take off with JFrog Ltd. (FROG): Get ready for trading

JFrog Ltd. (NASDAQ: FROG) stock jumped 5.06% on Friday to $24.27 against a previous-day closing price of $23.10. With 1.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.11 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $24.84 whereas the lowest price it dropped to was $23.32. The 52-week range on FROG shows that it touched its highest point at $46.75 and its lowest point at $16.36 during that stretch. It currently has a 1-year price target of $27.14.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FROG was up-trending over the past week, with a rise of 10.57%, but this was up by 5.94% over a month. Three-month performance surged to 13.68% while six-month performance fell -10.90%. The stock lost -43.47% in the past year, while it has lost -18.28% so far this year. A look at the trailing 12-month EPS for FROG yields -0.79 with Next year EPS estimates of 0.08. For the next quarter, that number is -0.03. This implies an EPS growth rate of -563.40% for this year and 800.00% for next year.

Float and Shares Shorts:

At present, 97.88 million FROG shares are outstanding with a float of 72.14 million shares on hand for trading. On Jul 14, 2022, short shares totaled 2.2 million, which was 2.23% higher than short shares on Jun 14, 2022. In addition to Mr. Shlomi Ben Haim as the firm’s Co-Founder, CEO & Chairman, Mr. Yoav Landman serves as its Co-Founder, CTO & Director.

Institutional Ownership:

Through their ownership of 64.38% of FROG’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 36.55% of FROG, in contrast to 20.73% held by mutual funds. Shares owned by individuals account for 18.50%. As the largest shareholder in FROG with 4.28% of the stake, The Vanguard Group, Inc. holds 4,227,756 shares worth 4,227,756. A second-largest stockholder of FROG, BlackRock Fund Advisors, holds 2,383,071 shares, controlling over 2.41% of the firm’s shares. Capital Research & Management Co is the third largest shareholder in FROG, holding 2,162,050 shares or 2.19% stake. With a 1.91% stake in FROG, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 1,885,547 shares are owned by the mutual fund manager. The Vanguard Small Cap Index Fund, which owns about 1.64% of FROG stock, is the second-largest Mutual Fund holder. It holds 1,620,360 shares valued at 34.14 million. BNP Paribas Funds – Disruptive Te holds 1.17% of the stake in FROG, owning 1,155,163 shares worth 24.34 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FROG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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