Market Insight: MongoDB Inc (MDB)’s Notable Gain, Closing at 243.00

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

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

In the latest session, MongoDB Inc (NASDAQ: MDB) closed at $243.00 up 0.03% from its previous closing price of $242.92. In other words, the price has increased by $0.03 from its previous closing price. On the day, 1.4 million shares were traded. MDB stock price reached its highest trading level at $244.56 during the session, while it also had its lowest trading level at $240.5.

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 7.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 122.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.04.

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, Rosenblatt on December 17, 2024, initiated with a Buy rating and assigned the stock a target price of $350.

On December 16, 2024, Monness Crespi & Hardt Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $220.

On December 12, 2024, Macquarie started tracking the stock assigning a Neutral rating and target price of $300.Macquarie initiated its Neutral rating on December 12, 2024, with a $300 target price.

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 Dec 17 ’24 when Cochran Hope F sold 1,175 shares for $266.99 per share. The transaction valued at 313,713 led to the insider holds 17,570 shares of the business.

Gordon Michael Lawrence sold 5,000 shares of MDB for $1,339,253 on Dec 16 ’24. The COO and CFO now owns 80,307 shares after completing the transaction at $267.85 per share. On Dec 17 ’24, another insider, HOPE COCHRAN, who serves as the Director of the company, bought 1,175 shares for $266.99 each.

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 19326373888 and an Enterprise Value of 20448743424. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.45 while its Price-to-Book (P/B) ratio in mrq is 12.04. Its current Enterprise Value per Revenue stands at 11.238 whereas that against EBITDA is -77.38.

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 $212.74. The 50-Day Moving Average of the stock is -15.77%, while the 200-Day Moving Average is calculated to be -16.67%.

Shares Statistics:

For the past three months, MDB has traded an average of 1.78M shares per day and 3788950 over the past ten days. A total of 74.39M shares are outstanding, with a floating share count of 71.80M. Insiders hold about 3.58% of the company’s shares, while institutions hold 90.62% stake in the company. Shares short for MDB as of 1732838400 were 4598880 with a Short Ratio of 1.73, compared to 1730332800 on 4292310. Therefore, it implies a Short% of Shares Outstanding of 4598880 and a Short% of Float of 6.39.

Most Popular