MongoDB Inc (NASDAQ: MDB) kicked off on Tuesday, down -1.55% from the previous trading day, before settling in for the closing price of $289.14. Over the past 52 weeks, MDB has traded in a range of $212.74-$509.62.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 44.79%. While this was happening, its average annual earnings per share was recorded -26.48%. With a float of $71.23 million, this company’s outstanding shares have now reached $72.74 million.
Considering the fact that the conglomerate employs 5037 people, you should pay attention to its efficiency factor. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of MongoDB Inc is 3.57%, while institutional ownership is 92.55%. The most recent insider transaction that took place on Oct 15 ’24, was worth 398,631. In this transaction Director of this company sold 1,385 shares at a rate of $287.82, taking the stock ownership to the 89,063 shares. Before that another transaction happened on Oct 10 ’24, when Company’s Director sold 1,000 for $272.97, making the entire transaction worth $272,970. This insider now owns 1,130,006 shares in total.
MongoDB Inc (MDB) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.96 earnings per share (EPS), higher than consensus estimate (set at 0.5) by 0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
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
Take a look at MongoDB Inc’s (MDB) current performance indicators. Last quarter, 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 11.56. Likewise, its price to free cash flow for the trailing twelve months is 141.26.
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)
Compared to the last year’s volume of 1.45 million, its volume of 1.34 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.46%. Additionally, its Average True Range was 10.65.
During the past 100 days, MongoDB Inc’s (MDB) raw stochastic average was set at 43.24%, which indicates a significant decrease from 72.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.26% in the past 14 days, which was lower than the 66.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $266.37, while its 200-day Moving Average is $324.20. Nevertheless, the first resistance level for the watch stands at $288.67 in the near term. At $292.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $295.21. If the price goes on to break the first support level at $282.13, it is likely to go to the next support level at $279.59. Should the price break the second support level, the third support level stands at $275.59.
MongoDB Inc (NASDAQ: MDB) Key Stats
The company with the Market Capitalisation of 21.03 billion has total of 73,351K Shares Outstanding. Its annual sales at the moment are 1,683 M in contrast with the sum of -176,600 K annual income. Company’s last quarter sales were recorded 478,110 K and last quarter income was -54,530 K.
