On Monday, MongoDB Inc (NASDAQ: MDB) opened higher 3.88% from the last session, before settling in for the closing price of $327.47. Price fluctuations for MDB have ranged from $212.52 to $509.62 over the past 52 weeks.
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Annual sales at Technology sector company grew by 44.79% over the past five years. Company’s average yearly earnings per share was noted -26.90% at the time writing. With a float of $70.06 million, this company’s outstanding shares have now reached $72.74 million.
Let’s look at the performance matrix of the company that is accounted for 5037 employees.
MongoDB Inc (MDB) Insider Updates
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of MongoDB Inc is 3.68%, while institutional ownership is 89.31%. The most recent insider transaction that took place on Apr 08 ’24, was worth 730,000. In this transaction Director of this company sold 2,000 shares at a rate of $365.00, taking the stock ownership to the 1,154,784 shares. Before that another transaction happened on Apr 04 ’24, when Company’s Chief Revenue Officer sold 4,726 for $350.00, making the entire transaction worth $1,654,100. This insider now owns 35,992 shares in total.
MongoDB Inc (MDB) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -26.90% per share during the next fiscal year.
MongoDB Inc (NASDAQ: MDB) Trading Performance Indicators
Check out the current performance indicators for MongoDB Inc (MDB). In the past quarter, the stock posted a quick ratio of 4.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.70. Likewise, its price to free cash flow for the trailing twelve months is 214.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.48, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 3.30 in one year’s time.
Technical Analysis of MongoDB Inc (MDB)
MongoDB Inc (NASDAQ: MDB) saw its 5-day average volume 1.25 million, a negative change from its year-to-date volume of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 19.77%. Additionally, its Average True Range was 13.01.
During the past 100 days, MongoDB Inc’s (MDB) raw stochastic average was set at 9.79%, which indicates a significant decrease from 40.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.46% in the past 14 days, which was lower than the 46.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $391.16, while its 200-day Moving Average is $385.48. Nevertheless, the first resistance level for the watch stands at $347.63 in the near term. At $355.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $368.03. If the price goes on to break the first support level at $327.23, it is likely to go to the next support level at $314.30. Assuming the price breaks the second support level, the third support level stands at $306.83.
MongoDB Inc (NASDAQ: MDB) Key Stats
There are currently 72,831K shares outstanding in the company with a market cap of 24.74 billion. Presently, the company’s annual sales total 1,683 M according to its annual income of -176,600 K. Last quarter, the company’s sales amounted to 458,000 K and its income totaled -55,460 K.
