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