MongoDB Inc (NASDAQ: MDB) is -37.78% lower on its value in year-to-date trading and has touched a low of $212.74 and a high of $509.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDB stock was last observed hovering at around $257.63 in the last trading session, with the day’s loss setting it -3.25%.
Currently trading at $254.38, the stock is -9.95% and -2.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -1.26% at the moment leaves the stock -23.20% off its SMA200. MDB registered -27.13% loss for a year compared to 6-month loss of -25.14%. The firm has a 50-day simple moving average (SMA 50) of $260.8692 and a 200-day simple moving average (SMA200) of $330.4095.
The stock witnessed a -10.18% gain in the last 1 month and extending the period to 3 months gives it a -3.99%, and is -8.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.83% over the week and 3.40% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $18.79B and $1.82B in sales. Fwd P/E is 83.16. Profit margin for the company is -12.08%. Distance from 52-week low is 19.57% and -50.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.55%).
The EPS is expected to shrink by -26.48% this year
1005.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 99.85% of the company’s shares. The shares outstanding are 72.74M, and float is at 71.20M with Short Float at 5.43%. Institutions hold 96.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.09 million shares valued at $1.77 billion. The investor’s holdings represent 9.7133 of the MDB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.12 million shares valued at $1.53 billion to account for 8.3849 of the shares outstanding. The other top investors are FMR LLC which holds 5.1 million shares representing 6.9871 and valued at over $1.27 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.8212 of the shares totaling 3.52 million with a market value of $879.61 million.
MongoDB Inc (MDB) Insider Activity
Still, SEC filings show that on Oct 02 ’24, Dev Ittycheria (Officer) Proposed Sale 3,556 shares at an average price of $256.25 for $0.91 million. The insider now directly holds shares of MongoDB Inc (MDB).
