The stock of MongoDB Inc (MDB) has gone up by 1.31% for the week, with a -36.20% drop in the past month and a -35.90% drop in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are 4.32% for MDB. The simple moving average for the past 20 days is -8.81% for MDB’s stock, with a -38.58% simple moving average for the past 200 days.
Is It Worth Investing in MongoDB Inc (NASDAQ: MDB) Right Now?
The stock has a 36-month beta value of 1.12. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for MDB is 70.77M, and at present, short sellers hold a 6.41% of that float. On June 26, 2024, the average trading volume of MDB was 1.57M shares.
MDB) stock’s latest price update
The stock price of MongoDB Inc (NASDAQ: MDB) has plunged by -3.12 when compared to previous closing price of 233.92, but the company has seen a 1.31% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-20 that Addison, Texas, June 20, 2024 (GLOBE NEWSWIRE) — MDB Capital Holdings, LLC, (NASDAQ: MDBH) (“MDB Capital”), a public venture platform focused on launching category-leading deep technology companies, today announced the appointment of Daniel Torpey to its Board of Directors, effective June 17, 2024.
Analysts’ Opinion of MDB
Loop Capital, on the other hand, stated in their research note that they expect to see MDB reach a price target of $415. The rating they have provided for MDB stocks is “Buy” according to the report published on April 23rd, 2024.
Redburn Atlantic gave a rating of “Sell” to MDB, setting the target price at $295 in the report published on March 19th of the current year.
MDB Trading at -28.08% 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 -55.53% of loss for the given period.
Volatility was left at 4.32%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares sank -35.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.63% lower at present.
During the last 5 trading sessions, MDB rose by +1.31%, which changed the moving average for the period of 200-days by -39.98% in comparison to the 20-day moving average, which settled at $242.34. In addition, MongoDB Inc saw -44.57% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MDB starting from Cochran Hope F, who sale 1,174 shares at the price of $224.38 back on Jun 17 ’24. After this action, Cochran Hope F now owns 13,011 shares of MongoDB Inc, valued at $263,422 using the latest closing price.
MERRIMAN DWIGHT A, the Director of MongoDB Inc, sale 2,000 shares at $234.24 during a trade that took place back on Jun 04 ’24, which means that MERRIMAN DWIGHT A is holding 1,146,784 shares at $468,472 based on the most recent closing price.
Stock Fundamentals for MDB
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.74 for the gross margin
The net margin for MongoDB Inc stands at -0.11. The total capital return value is set at -0.11. Equity return is now at value -19.69, with -7.23 for asset returns.
Based on MongoDB Inc (MDB), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is -53.07.
Currently, EBITDA for the company is -233.73 million with net debt to EBITDA at -1.7. When we switch over and look at the enterprise to sales, we see a ratio of 9.65. The receivables turnover for the company is 6.64for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.76.
Conclusion
To sum up, MongoDB Inc (MDB) 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.
