MongoDB, Inc. (MDB) Can’t Be More Safe. Trades Significantly Higher

February 24, 2018 - By Winifred Garcia

The stock of MongoDB, Inc. (NASDAQ:MDB) is a huge mover today! The stock increased 5.12% or $1.54 during the last trading session, reaching $31.62. About 149,311 shares traded. MongoDB, Inc. (NASDAQ:MDB) has 0.00% since February 24, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 8 months positive chart setup for the $1.60 billion company. It was reported on Feb, 24 by Barchart.com. We have $32.88 PT which if reached, will make NASDAQ:MDB worth $63.96 million more.

Analysts await MongoDB, Inc. (NASDAQ:MDB) to report earnings on March, 13 after the close. After $-1.39 actual earnings per share reported by MongoDB, Inc. for the previous quarter, Wall Street now forecasts -69.06 % EPS growth.

More notable recent MongoDB, Inc. (NASDAQ:MDB) news were published by: Prnewswire.com which released: “MongoDB, Inc. Announces Date of Third Quarter Fiscal 2018 Earnings Call” on November 21, 2017, also Prnewswire.com with their article: “MongoDB, Inc. Announces Date of Fourth Quarter and Full Year Fiscal 2018 …” published on January 31, 2018, Prnewswire.com published: “MongoDB, Inc. Announces Third Quarter Fiscal 2018 Financial Results” on December 12, 2017. More interesting news about MongoDB, Inc. (NASDAQ:MDB) were released by: Gurufocus.com and their article: “MongoDB, Inc. to Present at the Morgan Stanley Technology, Media & Telecom …” published on February 22, 2018 as well as Techcrunch.com‘s news article titled: “MongoDB gets support for multi-document ACID transactions” with publication date: February 15, 2018.

MongoDB, Inc. operates as a general purpose database platform worldwide. The company has market cap of $1.60 billion. It offers MongoDB Enterprise Advanced, a subscription package for enterprise clients to run in the cloud or in a hybrid environment; MongoDB Atlas, a cloud hosted database-as-a-service solution; Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB; and MongoDB Stitch, a backend-as-a-service designed to simplify application development. It currently has negative earnings. The firm also provides professional services, such as consulting and training.

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