monday.com Ltd. (NASDAQ: MNDY)’s stock price has gone decline by -0.78 in comparison to its previous close of 165.36, however, the company has experienced a -5.51% decrease in its stock price over the last five trading days. The Motley Fool reported 2023-09-12 that The competitive landscape for workplace management software is fierce. Monday.com has a number of use cases and is seeing strong customer satisfaction results.
Is It Worth Investing in monday.com Ltd. (NASDAQ: MNDY) Right Now?
and a 36-month beta value of 0.77. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price predicted for monday.com Ltd. (MNDY) by analysts is $211.00, which is $44.99 above the current market price. The public float for MNDY is 37.21M, and at present, short sellers hold a 6.65% of that float. On September 15, 2023, the average trading volume of MNDY was 643.81K shares.
MNDY’s Market Performance
MNDY’s stock has seen a -5.51% decrease for the week, with a 0.52% rise in the past month and a -10.30% fall in the past quarter. The volatility ratio for the week is 4.27%, and the volatility levels for the past 30 days are at 3.96% for monday.com Ltd. The simple moving average for the past 20 days is -3.52% for MNDY’s stock, with a 12.72% simple moving average for the past 200 days.
Analysts’ Opinion of MNDY
Many brokerage firms have already submitted their reports for MNDY stocks, with DA Davidson repeating the rating for MNDY by listing it as a “Neutral.” The predicted price for MNDY in the upcoming period, according to DA Davidson is $150 based on the research report published on February 10, 2023 of the current year 2023.
MNDY Trading at -3.61% from the 50-Day Moving Average
After a stumble in the market that brought MNDY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.26% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares sank -0.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.09% lower at present.
During the last 5 trading sessions, MNDY fell by -5.51%, which changed the moving average for the period of 200-days by +67.71% in comparison to the 20-day moving average, which settled at $169.98. In addition, monday.com Ltd. saw 34.48% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MNDY
Current profitability levels for the company are sitting at:
- -29.29 for the present operating margin
- +87.18 for the gross margin
The net margin for monday.com Ltd. stands at -26.37. The total capital return value is set at -20.81, while invested capital returns managed to touch -18.99. Equity return is now at value -6.70, with -4.30 for asset returns.
Based on monday.com Ltd. (MNDY), the company’s capital structure generated 11.43 points at debt to equity in total, while total debt to capital is 10.26. Total debt to assets is 7.48, with long-term debt to equity ratio resting at 8.63. Finally, the long-term debt to capital ratio is 7.74.
When we switch over and look at the enterprise to sales, we see a ratio of 11.34, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 47.76 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.10.
Conclusion
To sum up, monday.com Ltd. (MNDY) has seen a mixed 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.
