MongoDB Inc (NASDAQ: MDB) on Monday, plunged -4.81% from the previous trading day, before settling in for the closing price of $232.70. Within the past 52 weeks, MDB’s price has moved between $214.74 and $509.62.
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Annual sales at Technology sector company grew by 44.79% over the past five years. The company achieved an average annual earnings per share of -29.88%. With a float of $70.69 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 and Institutional Ownership
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of MongoDB Inc is 3.63%, while institutional ownership is 90.91%. The most recent insider transaction that took place on Aug 02 ’24, was worth 847,819. Before that another transaction happened on Jul 09 ’24, when Company’s COO and CFO sold 5,000 for $252.23, making the entire transaction worth $1,261,161. This insider now owns 81,942 shares in total.
MongoDB Inc (MDB) Latest Financial update
As on 4/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.93 earnings per share (EPS) for the period topping the consensus outlook (set at 0.46) by 0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.88% per share during the next fiscal year.
MongoDB Inc (NASDAQ: MDB) Trading Performance Indicators
MongoDB Inc (MDB) is currently performing well based on its current performance indicators. A quick ratio of 4.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.20. Likewise, its price to free cash flow for the trailing twelve months is 129.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.81, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 3.00 in one year’s time.
Technical Analysis of MongoDB Inc (MDB)
MongoDB Inc (NASDAQ: MDB) saw its 5-day average volume 1.62 million, a positive change from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 19.05%. Additionally, its Average True Range was 13.41.
During the past 100 days, MongoDB Inc’s (MDB) raw stochastic average was set at 5.02%, which indicates a significant decrease from 15.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.91% in the past 14 days, which was lower than the 59.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $251.56, while its 200-day Moving Average is $353.87. Nevertheless, the first resistance level for the watch stands at $226.04 in the near term. At $230.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $237.23. If the price goes on to break the first support level at $214.85, it is likely to go to the next support level at $208.20. The third support level lies at $203.66 if the price breaches the second support level.
MongoDB Inc (NASDAQ: MDB) Key Stats
Market capitalization of the company is 16.25 billion based on 73,351K outstanding shares. Right now, sales total 1,683 M and income totals -176,600 K. The company made 450,560 K in profit during its latest quarter, and -80,590 K in sales during its previous quarter.
