MongoDB Inc (NASDAQ: MDB) is -26.41% 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 $291.65 in the last trading session, with the day’s gains setting it 9.24%.
Currently trading at $300.89, the stock is 8.59% and 8.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing 3.17% at the moment leaves the stock -3.51% off its SMA200. MDB registered -20.39% loss for a year compared to 6-month loss of -20.08%. The firm has a 50-day simple moving average (SMA 50) of $277.9028 and a 200-day simple moving average (SMA200) of $312.40955.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.70% gain in the last 1 month and extending the period to 3 months gives it a 20.82%, and is 7.09% up 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 4.86% over the week and 3.43% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $22.23B and $1.82B in sales. Fwd P/E is 98.73. Profit margin for the company is -12.08%. Distance from 52-week low is 41.44% and -40.96% 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 -26.87% this year
1013.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 100.81% of the company’s shares. The shares outstanding are 72.74M, and float is at 71.24M with Short Float at 6.03%. Institutions hold 97.56% 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
The most recent transaction is an insider sale by MERRIMAN DWIGHT A, the company’s Director. SEC filings show that MERRIMAN DWIGHT A sold 1,000 shares of the company’s common stock on Nov 13 ’24 at a price of $310.00 per share for a total of $0.31 million. Following the sale, the insider now owns 0.52 million shares.
MongoDB Inc disclosed in a document filed with the SEC on Nov 11 ’24 that MERRIMAN DWIGHT A (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $290.94 per share for $0.29 million. Following the transaction, the insider now directly holds 1.13 million shares of the MDB stock.
Still, SEC filings show that on Nov 13 ’24, CEDRIC PECH (Officer) Proposed Sale 965 shares at an average price of $300.00 for $0.29 million. The insider now directly holds shares of MongoDB Inc (MDB).
