Stock Market Recap: MongoDB Inc (MDB) Concludes at 322.49, a -0.65 Surge/Decline

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After finishing at $324.60 in the prior trading day, MongoDB Inc (NASDAQ: MDB) closed at $322.49, down -0.65%. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 0.53 million shares were traded. MDB stock price reached its highest trading level at $328.685 during the session, while it also had its lowest trading level at $322.11.

Ratios:

Our goal is to gain a better understanding of MDB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 158.99. For the most recent quarter (mrq), Quick Ratio is recorded 4.85 and its Current Ratio is at 4.85. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.89.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when MERRIMAN DWIGHT A sold 2,000 shares for $349.17 per share. The transaction valued at 698,340 led to the insider holds 1,124,006 shares of the business.

Pech Cedric sold 6,805 shares of MDB for $2,381,750 on Nov 25 ’24. The Chief Revenue Officer now owns 24,677 shares after completing the transaction at $350.00 per share. On Nov 25 ’24, another insider, CEDRIC PECH, who serves as the Officer of the company, bought 6,805 shares for $350.00 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 23978033152 and an Enterprise Value of 22782279680. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.01 while its Price-to-Book (P/B) ratio in mrq is 17.48. Its current Enterprise Value per Revenue stands at 12.52 whereas that against EBITDA is -86.21.

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 14.11%, while the 200-Day Moving Average is calculated to be 6.15%.

Shares Statistics:

The stock has traded on average 1.37M shares per day over the past 3-months and 1893190 shares per day over the last 10 days, according to various share statistics. A total of 72.74M shares are outstanding, with a floating share count of 71.21M. Insiders hold about 3.60% of the company’s shares, while institutions hold 91.28% stake in the company. Shares short for MDB as of 1731628800 were 4298811 with a Short Ratio of 3.14, compared to 1728950400 on 3427218. Therefore, it implies a Short% of Shares Outstanding of 4298811 and a Short% of Float of 6.0100004.

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