What GitLab (GTLB) Investors Need to Know

Shares of Mid-cap technology company GitLab moved -13.62% this afternoon, and are now trading at $49.23 per share. On the other hand, the average analyst target price for the stock is $65.86.

GitLab Inc., develops software for the software development life cycle.

GitLab investors should be aware of the below:

  • The company has a net profit margin of -47.3%, compared to its operating margins of -0.54%. Its Revenues have a year-on-year growth rate of 69.1%, compared to a YoY growth rate of 0.0% for its earnings.

  • Based on its trailing earning per share of -1.485, GitLab has a trailing 12 month Price to Earnings (P/E) ratio of -33.15

  • Its Price to Book (P/B) ratio is 9.65

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.