The 36-month beta value for MDB is at 1.14. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for MDB is 71.24M, and currently, shorts hold a 6.03% of that float. The average trading volume for MDB on November 13, 2024 was 1.21M shares.
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MDB) stock’s latest price update
MongoDB Inc (NASDAQ: MDB) has seen a rise in its stock price by 7.37 in relation to its previous close of 291.65. However, the company has experienced a 11.45% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-08 that The latest trading day saw MongoDB (MDB) settling at $290.04, representing a -1.39% change from its previous close.
MDB’s Market Performance
MongoDB Inc (MDB) has experienced a 11.45% rise in stock performance for the past week, with a 10.01% rise in the past month, and a 25.74% rise in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are at 3.06% for MDB. The simple moving average for the past 20 days is 12.77% for MDB’s stock, with a 0.40% simple moving average for the past 200 days.
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 12.50% 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 -38.55% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares surge +11.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.02% upper at present.
During the last 5 trading sessions, MDB rose by +10.72%, which changed the moving average for the period of 200-days by -25.13% in comparison to the 20-day moving average, which settled at $277.59. In addition, MongoDB Inc saw -23.41% 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 MERRIMAN DWIGHT A, who proposed sale 1,000 shares at the price of $290.67 back on Nov 11 ’24. After this action, MERRIMAN DWIGHT A now owns shares of MongoDB Inc, valued at $290,675 using the latest closing price.
MERRIMAN DWIGHT A, the Director of MongoDB Inc, sale 3,000 shares at $269.57 during a trade that took place back on Nov 04 ’24, which means that MERRIMAN DWIGHT A is holding 1,127,006 shares at $808,710 based on the most recent closing price.
Stock Fundamentals for MDB
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.74 for the gross margin
The net margin for MongoDB Inc stands at -0.12. The total capital return value is set at -0.11. Equity return is now at value -19.56, with -7.61 for asset returns.
Based on MongoDB Inc (MDB), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is -61.68.
Currently, EBITDA for the company is -122.34 million with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 12.83. The receivables turnover for the company is 5.85for 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 4.85.
Conclusion
In conclusion, MongoDB Inc (MDB) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
