Gitlab Inc - Class A Shares Close the Day 17.7% Higher - Daily Wrap
The company saw its shares close the day 17.7% higher than yesterday, with trading volume higher than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Gitlab Inc - Class A (GTLB) shares closed today 17.7% higher than it did at the end of yesterday. The stock is currently down 48.8% year-to-date, down 57.1% over the past 12 months, and down 57.1% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.
Trading Activity
- Shares traded as high as $46.37 and as low as $32.12 this week.
- Shares closed 67.5% below its 52-week high and 44.9% above its 52-week low.
- Trading volume this week was 7.4% lower than the 10-day average and 33.9% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
- The stock closed at 16.9% higher than its 5-day moving average, 5.6% lower than its 20-day moving average, and 19.9% lower than its 90-day moving average.
Market Comparative Performance
- The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Gitlab Inc - Class A | 17.7 | -48.8 | -57.1 | -70.6 | 30.9 |
| Dow Jones Industrial Average | 1.4 | -10.9 | -3.7 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -15.2 | -0.8 | -17.1 | 3.0 |
| Technology Industry | -10.0 | 80.7 | -32.3 | -34.2 | 82.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 93.9%
- The company's stock price performance over the past 12 months lags the peer average by 812.1%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Gitlab Inc - Class A | GTLB | -15.9 | -48.8 | -57.1 | -70.6 | 30.9 |
| Peer Avg | N/A | 0 | -25.2 | -6.3 | -43.4 | 25.2 |
| Phreesia Inc | PHR | 0 | -60.8 | -62.4 | -80.0 | 15.5 |
| Phunware Inc | PHUN | 0 | -39.9 | 37.4 | -93.7 | 85.3 |
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