MongoDB Inc. [MDB] has traded in a range of $93.81 to $243.92 in the last 1 year. As of this writing, the stock is at $207.39, down -9.17%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, MDB shares are -6.59% down with the monthly amount drift of 5.36% and seems well in a long time frame.
On 29, June 2020, MongoDB Appoints Mark Porter As Chief Technology Officer. According to news published on Yahoo Finance, Former AWS & Oracle executive brings 30+ years of database expertise to the leading database platform.
Analyst Birdseye View:
The most recent analyst activity for MongoDB Inc. [NASDAQ:MDB] stock was on June 02, 2020, when it was Reiterated with a Buy rating from Needham, which also raised its 12-month price target on the stock from $170 to $253. On March 18, 2020, Monness Crespi & Hardt Reiterated a Buy rating and plunged its price target on this stock from $190 to $150. On January 06, 2020, Argus Initiated a Hold rating. On October 29, 2019, Piper Jaffray Initiated an Overweight rating. On October 16, 2019, Morgan Stanley Reiterated a Equal-weight rating and boosted its amount target on this stock to $150. On September 05, 2019, Needham Reiterated a Buy rating and boosted its target amount on this stock from $184 to $187. On August 27, 2019 Citigroup Upgrade a Buy rating and elevated its amount target to $184.
In the past 52 weeks of trading, this stock has oscillated between a low of $93.81 and a peak of $243.92. At the most recent market close, shares of MongoDB Inc. [NASDAQ:MDB] were valued at $207.39.
MongoDB Inc. [NASDAQ:MDB] most recently reported quarterly sales of 130.33 billion, which represented growth of 45.70%. This publicly-traded organization’s revenue is $232,609 per employee, while its income is -$96,813 per employee. This company’s Gross Margin is currently 70.90%, its Operating Margin is -34.50%, its Pretax Margin is -41.78, and its Net Margin is -41.62. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -17.02, -101.04, -18.99 and -22.75 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 92.25 and the whole liability to whole assets at 74.28. It shows enduring liability to the whole principal at 91.47 and enduring liability to assets at 0.74 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 198.61 points at 1st support level, the second support level is making up to 189.84. But as of 1st resistance point, this stock is sitting at 223.65 and at 239.92 for 2nd resistance point.
MongoDB Inc. [MDB] reported its earnings at -$0.13 per share in the fiscal quarter closing of 4/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.25/share signifying the difference of 0.12 and 48.00% surprise value. Comparing the previous quarter ending of 1/30/2020, the stated earnings were -$0.25 calling estimates for -$0.28/share with the difference of 0.03 depicting the surprise of 10.70%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for MongoDB Inc. [NASDAQ:MDB] is 4.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 4.07. Now if looking for a valuation of this stock’s amount to sales ratio it’s 21.74 and it’s amount to book ratio is 113.51.
Shifting our attention to insider trading activity, in the last 3 months, MongoDB Inc. [NASDAQ:MDB] has had 13 insider purchases representing 1,779,195 shares 75 insider sales representing 194,824 shares. The most recent insider trade was by Pech Cedric, Chief Revenue Officer, and it was the sale of 1928.0 shares on Jul 06. Pech Cedric, the Chief Revenue Officer, completed a sale of 221.0 shares on Jul 02. On Jul 02, Bull Thomas, Principal Accounting Officer, completed a sale of 398.0 shares.