MongoDB Inc (NASDAQ: MDB) is -28.85% 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 $350.13 in the last trading session, with the day’s loss setting it -59.23%.
Currently trading at $290.90, the stock is -7.65% and 0.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.21 million and changing -16.92% at the moment leaves the stock -2.88% off its SMA200. MDB registered -23.81% loss for a year compared to 6-month gain of 29.98%. The firm has a 50-day simple moving average (SMA 50) of $289.8244 and a 200-day simple moving average (SMA200) of $300.3258.
The stock witnessed a 0.30% loss in the last 1 month and extending the period to 3 months gives it a -1.95%, and is -10.22% 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 5.83% over the week and 4.85% over the month.
MongoDB Inc (MDB) has around 5037 employees, a market worth around $21.49B and $1.92B in sales. Fwd P/E is 87.51. Profit margin for the company is -10.46%. Distance from 52-week low is 36.74% and -42.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.10%).
with sales reaching $519.69M over the same period.The EPS is expected to shrink by -11.03% this year, but quarterly earnings will post 17.50% year-over-year. Quarterly sales are estimated to grow 13.47% in year-over-year returns.
MongoDB Inc (MDB) Top Institutional Holders
1028.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 97.85% of the company’s shares. The shares outstanding are 74.39M, and float is at 71.22M with Short Float at 6.04%. Institutions hold 94.73% 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
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Still, SEC filings show that on Dec 09 ’24, THOMAS BULL (Officer) Proposed Sale 1,000 shares at an average price of $355.92 for $0.36 million. The insider now directly holds shares of MongoDB Inc (MDB).
