A new trading day began on Friday, with MongoDB Inc (NASDAQ: MDB) stock price up 4.89% from the previous day of trading, before settling in for the closing price of $253.00. MDB’s price has ranged from $212.74 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. Meanwhile, its annual earnings per share averaged -26.48%. With a float of $71.20 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. In terms of profitability, gross margin is 73.87%, operating margin of -15.71%, and the pretax margin is -11.34%.
MongoDB Inc (MDB) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of MongoDB Inc is 3.61%, while institutional ownership is 92.55%. The most recent insider transaction that took place on Oct 02 ’24, was worth 768,750. In this transaction Director of this company sold 3,000 shares at a rate of $256.25, taking the stock ownership to the 1,131,006 shares. Before that another transaction happened on Oct 02 ’24, when Company’s Chief Accounting Officer sold 154 for $256.25, making the entire transaction worth $39,462. This insider now owns 16,068 shares in total.
MongoDB Inc (MDB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -26.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.20% during the next five years compared to -5.43% drop over the previous five years of trading.
MongoDB Inc (NASDAQ: MDB) Trading Performance Indicators
Here are MongoDB Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.77. Likewise, its price to free cash flow for the trailing twelve months is 131.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.02, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 3.06 in one year’s time.
Technical Analysis of MongoDB Inc (MDB)
MongoDB Inc (NASDAQ: MDB) saw its 5-day average volume 1.09 million, a negative change from its year-to-date volume of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 20.50%. Additionally, its Average True Range was 9.97.
During the past 100 days, MongoDB Inc’s (MDB) raw stochastic average was set at 31.64%, which indicates a significant decrease from 33.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.79% in the past 14 days, which was lower than the 65.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $261.22, while its 200-day Moving Average is $328.84. Nevertheless, the first resistance level for the watch stands at $269.54 in the near term. At $273.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $280.34. If the price goes on to break the first support level at $258.74, it is likely to go to the next support level at $252.11. The third support level lies at $247.94 if the price breaches the second support level.
MongoDB Inc (NASDAQ: MDB) Key Stats
With a market capitalization of 19.60 billion, the company has a total of 73,351K Shares Outstanding. Currently, annual sales are 1,683 M while annual income is -176,600 K. The company’s previous quarter sales were 478,110 K while its latest quarter income was -54,530 K.
