In the past week, MDB stock has gone down by -6.36%, with a monthly gain of 6.55% and a quarterly surge of 14.25%. The volatility ratio for the week is 4.65%, and the volatility levels for the last 30 days are 3.82% for MongoDB Inc. The simple moving average for the past 20 days is 0.20% for MDB’s stock, with a -8.62% simple moving average for the past 200 days.
Is It Worth Investing in MongoDB Inc (NASDAQ: MDB) Right Now?
Company’s 36-month beta value is 1.14.Analysts have differing opinions on the stock, with 17 analysts rating it as a “buy,” 10 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for MDB is 71.21M, and currently, short sellers hold a 6.03% ratio of that floaft. The average trading volume of MDB on November 21, 2024 was 1.29M shares.
MDB) stock’s latest price update
The stock of MongoDB Inc (NASDAQ: MDB) has decreased by -2.56 when compared to last closing price of 289.15.Despite this, the company has seen a loss of -6.36% in its stock price over the last five trading days. prnewswire.com reported 2024-11-19 that MongoDB Atlas now available on Azure OpenAI Service New Microsoft Fabric Mirroring integration with MongoDB Atlas allows for near real-time data syncs MongoDB Enterprise Advanced now available on Azure Marketplace for Azure Arc-enabled Kubernetes applications CHICAGO , Nov. 19, 2024 /PRNewswire/ — Today at Microsoft Ignite, MongoDB, Inc. (NASDAQ: MDB) announced an expanded collaboration with Microsoft that introduces three new capabilities for joint customers. First, customers building applications powered by retrieval-augmented generation (RAG) can now select MongoDB Atlas as a vector store in Microsoft Azure AI Foundry, combining MongoDB Atlas’s vector capabilities with generative AI tools and services from Microsoft Azure and Azure Open AI.
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 1.46% 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 -44.71% of loss for the given period.
Volatility was left at 3.82%, however, over the last 30 days, the volatility rate increased by 4.65%, as shares surge +7.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.03% lower at present.
During the last 5 trading sessions, MDB fell by -6.36%, which changed the moving average for the period of 200-days by -36.44% in comparison to the 20-day moving average, which settled at $281.18. In addition, MongoDB Inc saw -31.08% 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 sale 1,319 shares at the price of $285.92 back on Nov 15 ’24. After this action, MERRIMAN DWIGHT A now owns 87,744 shares of MongoDB Inc, valued at $377,135 using the latest closing price.
Gordon Michael Lawrence, the COO and CFO of MongoDB Inc, sale 5,000 shares at $296.11 during a trade that took place back on Nov 14 ’24, which means that Gordon Michael Lawrence is holding 80,307 shares at $1,480,541 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 -33.38.
Currently, EBITDA for the company is -122.34 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 11.4. 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 a nutshell, MongoDB Inc (MDB) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
