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The closing price of MongoDB Inc (NASDAQ: MDB) was $245.35 for the day, down -2.45% from the previous closing price of $251.51. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 1.27 million shares were traded. MDB stock price reached its highest trading level at $254.25 during the session, while it also had its lowest trading level at $238.93.
Ratios:
Our analysis of MDB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 143.55. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.95.
On April 23, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $415.
Redburn Atlantic Downgraded its Neutral to Sell on March 19, 2024, whereas the target price for the stock was revised from $410 to $295.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 09 ’24 when Gordon Michael Lawrence sold 5,000 shares for $252.23 per share. The transaction valued at 1,261,161 led to the insider holds 81,942 shares of the business.
MERRIMAN DWIGHT A sold 4,000 shares of MDB for $1,061,160 on Jul 02 ’24. The Director now owns 1,142,006 shares after completing the transaction at $265.29 per share. On Jul 02 ’24, another insider, Ittycheria Dev, who serves as the President & CEO of the company, sold 3,025 shares for $265.29 each. As a result, the insider received 802,502 and left with 223,048 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 18448433152 and an Enterprise Value of 17598457856. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.19 while its Price-to-Book (P/B) ratio in mrq is 14.18. Its current Enterprise Value per Revenue stands at 9.969 whereas that against EBITDA is -73.325.
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 $214.74. The 50-Day Moving Average of the stock is -7.22%, while the 200-Day Moving Average is calculated to be -31.27%.
Shares Statistics:
MDB traded an average of 1.72M shares per day over the past three months and 1324730 shares per day over the past ten days. A total of 72.74M shares are outstanding, with a floating share count of 70.69M. Insiders hold about 3.63% of the company’s shares, while institutions hold 90.47% stake in the company. Shares short for MDB as of 1721001600 were 4907032 with a Short Ratio of 2.86, compared to 1718323200 on 4669651. Therefore, it implies a Short% of Shares Outstanding of 4907032 and a Short% of Float of 6.92.
