In the past week, MRDB stock has gone up by 11.34%, with a monthly gain of 115.60% and a quarterly surge of 192.93%. The volatility ratio for the week is 14.82%, and the volatility levels for the last 30 days are 13.12% for MariaDB Plc The simple moving average for the past 20 days is 29.47% for MRDB’s stock, with a 10.71% simple moving average for the past 200 days.
Is It Worth Investing in MariaDB Plc (NYSE: MRDB) Right Now?
The stock has a 36-month beta value of 0.73.
The public float for MRDB is 30.54M, and at present, short sellers hold a 2.38% of that float. On April 22, 2024, the average trading volume of MRDB was 1.54M shares.
MRDB) stock’s latest price update
The stock price of MariaDB Plc (NYSE: MRDB) has jumped by 28.36 compared to previous close of 0.42. Despite this, the company has seen a gain of 11.34% in its stock price over the last five trading days. Business Wire reported 2023-05-02 that REDWOOD CITY, Calif. & DUBLIN–(BUSINESS WIRE)–MariaDB plc (NYSE: MRDB) today announced that it will report financial results for its second quarter of fiscal year 2023 which ended March 31, 2023 on Monday, May 8, 2023 after market close. MariaDB plc will host a conference call and webcast at 1:30 p.m. Pacific Time (or 4:30 p.m. Eastern Time) on Monday, May 8, 2023 to discuss its financial results. The conference call can be accessed by dialing (888) 396-8049 from the United States and Canada.
MRDB Trading at 45.78% from the 50-Day Moving Average
After a stumble in the market that brought MRDB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.69% of loss for the given period.
Volatility was left at 13.12%, however, over the last 30 days, the volatility rate increased by 14.82%, as shares surge +167.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.68% upper at present.
During the last 5 trading sessions, MRDB rose by +11.34%, which changed the moving average for the period of 200-days by -38.74% in comparison to the 20-day moving average, which settled at $0.4332. In addition, MariaDB Plc saw 92.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MRDB
Current profitability levels for the company are sitting at:
- -0.88 for the present operating margin
- 0.75 for the gross margin
The net margin for MariaDB Plc stands at -0.86. The total capital return value is set at 1.26.
Based on MariaDB Plc (MRDB), the company’s capital structure generated -0.97 points at debt to capital in total, while cash flow to debt ratio is standing at -0.19. The debt to equity ratio resting at -0.49. The interest coverage ratio of the stock is -11.85.
Currently, EBITDA for the company is -48.05 million with net debt to EBITDA at -0.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 5.35for trailing twelve months and the total asset turnover is 1.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.
Conclusion
To sum up, MariaDB Plc (MRDB) 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.
