In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, MongoDB Inc (NASDAQ: MDB) closed at $355.31 down -2.83% from its previous closing price of $365.67. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 1.46 million shares were traded. MDB stock price reached its highest trading level at $358.79 during the session, while it also had its lowest trading level at $347.3559.
Ratios:
For a deeper understanding of MongoDB Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 224.24. For the most recent quarter (mrq), Quick Ratio is recorded 4.24 and its Current Ratio is at 4.24. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on April 23, 2024, initiated with a Buy rating and assigned the stock a target price of $415.
On March 19, 2024, Redburn Atlantic Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $410 to $295.
DA Davidson Upgraded its Neutral to Buy on March 08, 2024, whereas the target price for the stock was revised from $405 to $430.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 03 ’24 when MERRIMAN DWIGHT A sold 6,000 shares for $374.95 per share. The transaction valued at 2,249,706 led to the insider holds 1,148,784 shares of the business.
MERRIMAN DWIGHT A sold 1,000 shares of MDB for $379,150 on May 01 ’24. The Director now owns 522,896 shares after completing the transaction at $379.15 per share. On Apr 08 ’24, another insider, MERRIMAN DWIGHT A, who serves as the Director of the company, sold 2,000 shares for $365.00 each. As a result, the insider received 730,000 and left with 1,154,784 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDB now has a Market Capitalization of 25877618688 and an Enterprise Value of 25089892352. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.38 while its Price-to-Book (P/B) ratio in mrq is 24.18. Its current Enterprise Value per Revenue stands at 14.908 whereas that against EBITDA is -119.012.
Stock Price History:
Over the past 52 weeks, MDB has reached a high of $509.62, while it has fallen to a 52-week low of $238.99. The 50-Day Moving Average of the stock is -4.41%, while the 200-Day Moving Average is calculated to be -7.39%.
Shares Statistics:
For the past three months, MDB has traded an average of 1.37M shares per day and 1219160 over the past ten days. A total of 72.74M shares are outstanding, with a floating share count of 70.14M. Insiders hold about 3.69% of the company’s shares, while institutions hold 89.73% stake in the company. Shares short for MDB as of 1713139200 were 3953136 with a Short Ratio of 2.89, compared to 1710460800 on 3257634. Therefore, it implies a Short% of Shares Outstanding of 3953136 and a Short% of Float of 6.3100000000000005.
