MongoDB Inc (MDB) recent activity suggests a positive outlook with the last week’s performance of 6.15%

MongoDB Inc (NASDAQ: MDB) kicked off on Tuesday, up 0.03% from the previous trading day, before settling in for the closing price of $291.57. Over the past 52 weeks, MDB has traded in a range of $212.74-$509.62.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 44.79%. While this was happening, its average annual earnings per share was recorded -26.86%. With a float of $71.24 million, this company’s outstanding shares have now reached $72.74 million.

The extent of productivity of a business whose workforce counts for 5037 workers is very important to gauge. 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

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 3.56%, while institutional ownership is 92.94%. The most recent insider transaction that took place on Nov 11 ’24, was worth 290,675. Before that another transaction happened on Nov 04 ’24, when Company’s Director sold 3,000 for $269.57, making the entire transaction worth $808,710. This insider now owns 1,127,006 shares in total.

MongoDB Inc (MDB) Latest Financial update

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 -26.86% 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 11.84. Likewise, its price to free cash flow for the trailing twelve months is 144.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.02, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 3.07 in one year’s time.

Technical Analysis of MongoDB Inc (MDB)

The latest stats from [MongoDB Inc, MDB] show that its last 5-days average volume of 1.05 million was inferior to 1.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.56%. Additionally, its Average True Range was 10.00.

During the past 100 days, MongoDB Inc’s (MDB) raw stochastic average was set at 90.43%, which indicates a significant increase from 84.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.04% in the past 14 days, which was lower than the 49.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $277.90, while its 200-day Moving Average is $312.41. Now, the first resistance to watch is $296.21. This is followed by the second major resistance level at $300.76. The third major resistance level sits at $304.52. If the price goes on to break the first support level at $287.89, it is likely to go to the next support level at $284.14. The third support level lies at $279.58 if the price breaches the second support level.

MongoDB Inc (NASDAQ: MDB) Key Stats

The company with the Market Capitalisation of 21.54 billion has total of 73,869K 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.