GitLab, a San Francisco-based producer of software development and IT web-based lifecycle tools, completed its IPO Thursday, selling 10.4 million shares at $77 each, raising $800 million for an $11 billion valuation.
The company had upsized its expected pricing range to $66 to $69 per share from $55 to $60.
Shares of GTLB began trading on the Nasdaq Thursday at $77.
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| Latest market close | $54.36 |
|---|---|
| 52-week range | $30.74 - $137.00 |
| 50-day moving average | $58.94 |
| 200-day moving average | $57.10 |
| Wall St. target price | $73.33 |
| PE ratio | N/A |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $-1.49 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $54.36 from 2022-10-05
| 1 week (2022-09-29) | 3.48% |
|---|---|
| 1 month (2022-09-06) | 14.68% |
| 3 months (2022-07-06) | -2.95% |
| 6 months (2022-04-06) | 1.53% |
| 1 year (2021-10-02) | N/A |
|---|---|
| 2 years (2020-10-02) | N/A |
| 3 years (2019-10-02) | N/A |
| 5 years (2017-10-02) | N/A |
| Revenue TTM | $333 million |
|---|---|
| Gross profit TTM | $222.7 million |
| Return on assets TTM | -15.25% |
| Return on equity TTM | -35.16% |
| Profit margin | -51.69% |
| Book value | $5.23 |
| Market capitalisation | $7.8 billion |
TTM: trailing 12 months
We're not expecting GitLab to pay a dividend over the next 12 months.
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GitLab Inc. , through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B. V.
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