The stock price of Monday.Com Ltd (NASDAQ: MNDY) has jumped by 0.18 compared to previous close of 184.76. Despite this, the company has seen a fall of -7.54% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-11 that Monday.com (MNDY) concluded the recent trading session at $200.19, signifying a +0.14% move from its prior day’s close.
Is It Worth Investing in Monday.Com Ltd (NASDAQ: MNDY) Right Now?
The stock has a 36-month beta value of 1.24. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MNDY is 33.14M, and at present, short sellers hold a 7.37% of that float. On April 19, 2024, the average trading volume of MNDY was 839.30K shares.
MNDY’s Market Performance
MNDY stock saw a decrease of -7.54% in the past week, with a monthly decline of -17.06% and a quarterly a decrease of -4.11%. The volatility ratio for the week is 4.03%, and the volatility levels for the last 30 days are 3.74% for Monday.Com Ltd (MNDY). The simple moving average for the last 20 days is -13.10% for MNDY’s stock, with a simple moving average of 1.89% for the last 200 days.
Analysts’ Opinion of MNDY
Many brokerage firms have already submitted their reports for MNDY stocks, with Citigroup repeating the rating for MNDY by listing it as a “Neutral.” The predicted price for MNDY in the upcoming period, according to Citigroup is $250 based on the research report published on April 10, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see MNDY reach a price target of $260. The rating they have provided for MNDY stocks is “Overweight” according to the report published on April 09th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to MNDY, setting the target price at $275 in the report published on March 21st of the current year.
MNDY Trading at -14.75% 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 -22.62% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 4.03%, as shares sank -20.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.05% lower at present.
During the last 5 trading sessions, MNDY fell by -7.54%, which changed the moving average for the period of 200-days by +10.96% in comparison to the 20-day moving average, which settled at $210.64. In addition, Monday.Com Ltd saw -1.44% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MNDY
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.89 for the gross margin
The net margin for Monday.Com Ltd stands at -0.0. The total capital return value is set at -0.04. Equity return is now at value -0.25, with -0.16 for asset returns.
Based on Monday.Com Ltd (MNDY), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 3.48. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 3.9.
Currently, EBITDA for the company is -29.56 million with net debt to EBITDA at 35.69. When we switch over and look at the enterprise to sales, we see a ratio of 10.96. The receivables turnover for the company is 37.0for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.82.
Conclusion
To sum up, Monday.Com Ltd (MNDY) has seen a bad 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.
