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The closing price of Mondee Holdings Inc (NASDAQ: MOND) was $1.46 for the day, down -8.75% from the previous closing price of $1.60. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 0.94 million shares were traded. MOND stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.4.
Ratios:
Our analysis of MOND’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 41.86 whereas as Long-Term Debt/Eq ratio is at 40.60.
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, Morgan Stanley on January 05, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $3.
On June 27, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOND now has a Market Capitalization of 127627504 and an Enterprise Value of 385735200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55. Its current Enterprise Value per Revenue stands at 1.656 whereas that against EBITDA is -66.346.
Stock Price History:
Over the past 52 weeks, MOND has reached a high of $6.45, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -33.33%, while the 200-Day Moving Average is calculated to be -36.82%.
Shares Statistics:
MOND traded an average of 110.53K shares per day over the past three months and 225100 shares per day over the past ten days. A total of 81.22M shares are outstanding, with a floating share count of 26.66M. Insiders hold about 69.50% of the company’s shares, while institutions hold 10.89% stake in the company. Shares short for MOND as of 1724976000 were 3213633 with a Short Ratio of 29.07, compared to 1722384000 on 3378419. Therefore, it implies a Short% of Shares Outstanding of 3213633 and a Short% of Float of 8.1199996.
