How to buy MongoDB shares | $222.02
Own MongoDB shares in just a few minutes.
MongoDB, Inc is a software—infrastructure business with stocks listed in the US. MongoDB shares (MDB) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was US$222.02 – a decrease of 1.91% over the previous week.
How to buy shares in MongoDB
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for MongoDB. Find the share by name or ticker symbol: MDB. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MongoDB reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$222.02, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of MongoDB, depending on your broker.
- Check in on your investment. Congratulations, you own a part of MongoDB. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
How has coronavirus impacted MongoDB's share price?
Since the stock market crash in March caused by coronavirus, MongoDB's share price has had significant positive movement.
Its last market close was US$222.02, which is 25.73% up on its pre-crash value of US$164.9 and 136.67% up on the lowest point reached during the March crash when the shares fell as low as US$93.81.
If you had bought US$1,000 worth of MongoDB shares at the start of February 2020, those shares would have been worth US$768.49 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth US$1,358.76.
MongoDB share priceUse our graph to track the performance of MDB stocks over time.
MongoDB shares at a glance
|Latest market close||USD$222.02|
|52-week range||USD$93.81 - USD$258.05|
|50-day moving average||USD$214.7632|
|200-day moving average||USD$187.1872|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-2.125|
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Is it a good time to buy MongoDB stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
MongoDB price performance over time
|1 week (2020-09-11)||7.06%|
|1 month (2020-08-19)||4.39%|
|3 months (2020-06-19)||7.81%|
|6 months (2020-03-19)||81.72%|
|1 year (2019-09-19)||68.89%|
|2 years (2018-09-19)||167.49%|
|3 years (2017-09-15)||N/A|
|5 years (2015-09-15)||N/A|
|Revenue TTM||US$501.6 million|
|Gross profit TTM||US$296.4 million|
|Return on assets TTM||-10.22%|
|Return on equity TTM||-155.44%|
|Market capitalisation||US$12.2 billion|
TTM: trailing 12 months
Shorting MongoDB shares
There are currently 7.9 million MongoDB shares held short by investors – that's known as MongoDB's "short interest". This figure is 3.9% down from 8.2 million last month.
There are a few different ways that this level of interest in shorting MongoDB shares can be evaluated.
MongoDB's "short interest ratio" (SIR)
MongoDB's "short interest ratio" (SIR) is the quantity of MongoDB shares currently shorted divided by the average quantity of MongoDB shares traded daily (recently around 697056.74008811). MongoDB's SIR currently stands at 11.35. In other words for every 100,000 MongoDB shares traded daily on the market, roughly 11350 shares are currently held short.
However MongoDB's short interest can also be evaluated against the total number of MongoDB shares, or, against the total number of tradable MongoDB shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MongoDB's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 MongoDB shares in existence, roughly 140 shares are currently held short) or 0.1912% of the tradable shares (for every 100,000 tradable MongoDB shares, roughly 191 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against MongoDB.
Find out more about how you can short MongoDB stock.
MongoDB share dividends
We're not expecting MongoDB to pay a dividend over the next 12 months.
MongoDB share price volatility
Over the last 12 months, MongoDB's shares have ranged in value from as little as US$93.81 up to US$258.05. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MongoDB's is 0.6267. This would suggest that MongoDB's shares are less volatile than average (for this exchange).
MongoDB, Inc. operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was founded in 2007 and is headquartered in New York, New York.
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