FROG Stock Summary and Trading Ideas (Jfrog Ltd. - | NASDAQ:FROG)

JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform that powers and controls the software supply chain, enabling organizations to continuously and securely deliver software updates across any system. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight. Geographically, it derives a majority of revenue from Israel and also has its presence in United States, India and other regions.

Jfrog Ltd. - trades on the NASDAQ stock market under the symbol FROG.

As of September 19, 2024, FROG stock price climbed to $28.36 with 443,371 million shares trading.

FROG has a beta of 1.76, meaning it tends to be more sensitive to market movements. FROG has a correlation of 0.17 to the broad based SPY ETF.

FROG has a market cap of $3.13 billion. This is considered a Mid Cap stock.

Last quarter Jfrog Ltd. - reported $103 million in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-534,000 and exceeded earnings estimates by $.01.

In the last 3 years, FROG stock traded as high as $48.81 and as low as $16.36.

The top ETF exchange traded funds that FROG belongs to (by Net Assets): VTI, VB, VGT, VBK, FTEC.

FROG has underperformed the market in the last year with a price return of +5.1% while the SPY ETF gained +30.1%. FROG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.6% and -0.9%, respectively, while the SPY returned +4.6% and +3.8%, respectively.

FROG support price is $27.35 and resistance is $28.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FROG stock will trade within this expected range on the day.