MongoDB Inc’s recently made public that its Officer CEDRIC PECH acquired Company’s shares for reported $0.25 million on Jan 03 ’25. In the deal valued at $250.00 per share,998 shares were bought.
Then, MERRIMAN DWIGHT A bought 1,047 shares, generating $258,355 in total proceeds.
Before that, CEDRIC PECH bought 287 shares. MongoDB Inc shares valued at $67,184 were divested by the Officer at a price of $234.09 per share.
Rosenblatt initiated its MongoDB Inc [MDB] rating to a Buy in a research note published on December 17, 2024; the price target was $350. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “a Sell”. Macquarie began covering MDB with “Neutral” recommendation on December 12, 2024. Guggenheim revised its rating on June 03, 2024. It rated MDB as “a Neutral” which previously was an “a Sell”.
Price Performance Review of MDB
On Friday, MongoDB Inc [NASDAQ:MDB] saw its stock jump 0.72% to $246.39. Over the last five days, the stock has gained 1.19%. MongoDB Inc shares have risen nearly 5.83% since the year began. Nevertheless, the stocks have fallen -33.94% over the past one year. While a 52-week high of $509.62 was reached on 01/03/25, a 52-week low of $212.74 was recorded on 01/02/25. SMA at 50 days reached $284.36, while 200 days put it at $287.94.
Levels Of Support And Resistance For MDB Stock
The 24-hour chart illustrates a support level at 240.68, which if violated will result in even more drops to 234.96. On the upside, there is a resistance level at 251.16. A further resistance level may holdings at 255.93. The Relative Strength Index (RSI) on the 14-day chart is 38.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.25%. Stochastics %K at 18.53% indicates the stock is a buying.
How much short interest is there in MongoDB Inc?
A steep rise in short interest was recorded in MongoDB Inc stocks on 2024-11-29, growing by 0.31 million shares to a total of 4.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.29 million shares. There was a rise of 6.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 23, 2024 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $415 price target.
