Shares of Datadog Inc. (NASDAQ:DDOG) traded at a new 52-week high today of $160.41. This new high was reached on below average trading volume as 667,000 shares traded hands, while the average 30-day volume is approximately 2.6 million shares.
Based on a current price of $159.23, Datadog Inc. is currently 53.5% above its average consensus analyst price target of $74.08.
Datadog Inc is a monitoring and analytics platform for developers, IT operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management. The solutions offered by the company include Financial Services, Manufacturing & Logistics, Media & Entertainment and Gaming among others.
In the past 52 weeks, Datadog Inc. share prices are bracketed by a low of $69.73 and a high of $160.41 and is now at $159.23, 128% above that low price.
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