The stock of MongoDB Inc. (MDB) has gone down by -2.54% for the week, with a 18.53% rise in the past month and a 37.13% rise in the past quarter. The volatility ratio for the week is 4.09%, and the volatility levels for the past 30 days are 4.24% for MDB. The simple moving average for the last 20 days is 9.79% for MDB stock, with a simple moving average of 28.65% for the last 200 days.
Is It Worth Investing in MongoDB Inc. (NASDAQ: MDB) Right Now?
and a 36-month beta value of 1.02. Opinions on the stock are mixed, with 17 analysts rating it as a “buy,” 4 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price predicted for MongoDB Inc. (MDB) by analysts is $252.70, which is -$25.45 below the current market price. The public float for MDB is 66.20M, and at present, short sellers hold a 5.71% of that float. On May 25, 2023, the average trading volume of MDB was 1.73M shares.
MDB) stock’s latest price update
MongoDB Inc. (NASDAQ: MDB) has seen a rise in its stock price by 1.72 in relation to its previous close of 277.58. However, the company has experienced a -2.54% decline in its stock price over the last five trading sessions.
MDB Trading at 19.94% from the 50-Day Moving Average
After a stumble in the market that brought MDB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.76% of loss for the given period.
Volatility was left at 4.24%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares surge +16.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.95% upper at present.
During the last 5 trading sessions, MDB fell by -3.39%, which changed the moving average for the period of 200-days by -21.85% in comparison to the 20-day moving average, which settled at $259.12. In addition, MongoDB Inc. saw 43.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MDB starting from MERRIMAN DWIGHT A, who sale 1,000 shares at the price of $280.00 back on May 17. After this action, MERRIMAN DWIGHT A now owns 1,222,954 shares of MongoDB Inc., valued at $280,000 using the latest closing price.
Pech Cedric, the Chief Revenue Officer of MongoDB Inc., sale 15,534 shares at $250.00 during a trade that took place back on May 09, which means that Pech Cedric is holding 37,516 shares at $3,883,500 based on the most recent closing price.
Stock Fundamentals for MDB
Current profitability levels for the company are sitting at:
- -27.00 for the present operating margin
- +72.08 for the gross margin
The net margin for MongoDB Inc. stands at -26.90. The total capital return value is set at -17.88, while invested capital returns managed to touch -18.15. Equity return is now at value -50.00, with -13.90 for asset returns.
Based on MongoDB Inc. (MDB), the company’s capital structure generated 160.22 points at debt to equity in total, while total debt to capital is 61.57. Total debt to assets is 47.67, with long-term debt to equity ratio resting at 159.04. Finally, the long-term debt to capital ratio is 61.12.
When we switch over and look at the enterprise to sales, we see a ratio of 14.41, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 5.34 and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.66.
Conclusion
To sum up, MongoDB Inc. (MDB) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
