MongoDB Inc [MDB] stock is trading at $292.86, up 0.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MDB shares have gain 10.36% over the last week, with a monthly amount drifted -0.79%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
MongoDB Inc [NASDAQ: MDB] stock has seen the most recent analyst activity on June 03, 2024, when Guggenheim upgraded its rating to a Neutral. Previously, Loop Capital started tracking the stock with Buy rating on April 23, 2024, and set its price target to $415. On March 19, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $295 on the stock. DA Davidson upgraded its rating to a Buy and increased its price target to $430 on March 08, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $410 on January 04, 2024. Wells Fargo started tracking with a Overweight rating for this stock on November 16, 2023, and assigned it a price target of $500. In a note dated November 08, 2023, CapitalOne upgraded an Overweight rating on this stock but restated the target price of $427.
MongoDB Inc [MDB] stock has fluctuated between $212.74 and $509.62 over the past year. Currently, Wall Street analysts expect the stock to reach $373.27 within the next 12 months. MongoDB Inc [NASDAQ: MDB] shares were valued at $292.86 at the most recent close of the market. An investor can expect a potential return of 27.46% based on the average MDB price forecast.
Analyzing the MDB fundamentals
MongoDB Inc [NASDAQ:MDB] reported sales of 1.82B for the trailing twelve months, which represents a growth of 12.82%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.19 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 286.96 points at the first support level, and at 281.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 298.22, and for the 2nd resistance point, it is at 303.58.
Ratios To Look Out For
For context, MongoDB Inc’s Current Ratio is 4.85. As well, the Quick Ratio is 4.85, while the Cash Ratio is 2.39. Considering the valuation of this stock, the price to sales ratio is 11.89, the price to book ratio is 15.87.
Transactions by insiders
Recent insider trading involved MERRIMAN DWIGHT A, Director, that happened on Oct 10 ’24 when 1000.0 shares were purchased. Director, MERRIMAN DWIGHT A completed a deal on Oct 02 ’24 to sell 3000.0 shares. Meanwhile, Chief Accounting Officer Bull Thomas sold 154.0 shares on Oct 02 ’24.
