MongoDB Inc (NASDAQ: MDB) is -18.23% 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 $341.31 in the last trading session, with the day’s loss setting it -7.0%.
Currently trading at $334.31, the stock is 7.99% and 16.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -2.05% at the moment leaves the stock 10.93% off its SMA200. MDB registered -22.91% loss for a year compared to 6-month gain of 45.43%. The firm has a 50-day simple moving average (SMA 50) of $285.6764 and a 200-day simple moving average (SMA200) of $301.83154.
The stock witnessed a 21.68% loss in the last 1 month and extending the period to 3 months gives it a 18.60%, and is 2.99% 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 3.25% over the week and 4.37% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $24.70B and $1.82B in sales. Fwd P/E is 109.31. Profit margin for the company is -12.08%. Distance from 52-week low is 57.14% and -34.40% 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 -26.81% this year
1026.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 98.56% of the company’s shares. The shares outstanding are 73.86M, and float is at 71.22M with Short Float at 6.04%. Institutions hold 95.39% 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 3,000 shares of the company’s common stock on Dec 02 ’24 at a price of $323.00 per share for a total of $0.97 million. Following the sale, the insider now owns 1.12 million shares.
Still, SEC filings show that on Nov 25 ’24, MERRIMAN DWIGHT A (Director) disposed off 2,000 shares at an average price of $349.17 for $0.7 million. The insider now directly holds 1,124,006 shares of MongoDB Inc (MDB).
