|Bid||377.02 x 800|
|Ask||380.50 x 1000|
|Day's Range||375.99 - 389.50|
|52 Week Range||213.39 - 590.00|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 31, 2022 - Sep 05, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||362.59|
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Shares of MongoDB (NASDAQ: MDB) were flying higher last month as improving investor sentiment drove a recovery among cloud stocks, and the company benefited from some bullish analyst chatter. While there was little company-specific news out on the database software business, the improving macroeconomic picture favored the stock. According to data from S&P Global Market Intelligence, the stock finished the month up 20%, though the chart below shows that it wasn't a smooth ride.
In the latest trading session, MongoDB (MDB) closed at $318.02, marking a +1.78% move from the previous day.
These cloud data companies are uniquely positioned to create value and reward investors in the long run.