MongoDB Inc (NASDAQ: MDB) is -18.21% lower on its value in year-to-date trading and has touched a low of $140.78 and a high of $370.00 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 $206.04 in the last trading session, with the day’s gains setting it 2559793.96%.
Currently trading at $2560000.0, the stock is -2.07% and 6.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing -0.78% at the moment leaves the stock -14.69% off its SMA200. MDB registered -12.19% loss for a year compared to 6-month loss of -14.23%. The firm has a 50-day simple moving average (SMA 50) of $192.4356 and a 200-day simple moving average (SMA200) of $239.62817.
The stock witnessed a 5.92% gain in the last 1 month and extending the period to 3 months gives it a 15.75%, and is -1.13% 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 3.19% over the week and 3.66% over the month.
MongoDB Inc (MDB) has around 5558 employees, a market worth around $16.70B and $2.10B in sales. Fwd P/E is 53.82. Profit margin for the company is -4.09%. Distance from 52-week low is 45.21% and -44.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.79%).
The EPS is expected to shrink by -13.85% this year
1002.0 institutions hold shares in MongoDB Inc (MDB), with institutional investors hold 90.60% of the company’s shares. The shares outstanding are 81.72M, and float is at 78.55M with Short Float at 4.34%. Institutions hold 87.79% 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 9.6402 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 8.3218 of the shares outstanding. The other top investors are FMR LLC which holds 5.1 million shares representing 6.9345 and valued at over $1.27 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.7849 of the shares totaling 3.52 million with a market value of $879.61 million.
