Somewhat Favorable Media Coverage Somewhat Unlikely to Affect MongoDB (MDB) Stock Price
News coverage about MongoDB (NASDAQ:MDB) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MongoDB earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.9529565855885 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- MongoDB, Inc. Announces Date of Third Quarter Fiscal 2018 Earnings Call (finance.yahoo.com)
- MongoDB, Inc.’s Quiet Period Will End on November 28th (NASDAQ:MDB) (americanbankingnews.com)
- Canaccord Genuity Group Inc. Begins Coverage on MongoDB, Inc. (MDB) (americanbankingnews.com)
- SailPoint valued at more than $1 billion on first day of trading after IPO (marketwatch.com)
- 4 Things to Know About New IPO MongoDB (finance.yahoo.com)
MDB has been the subject of several research reports. Needham & Company LLC initiated coverage on MongoDB in a research report on Monday, October 23rd. They set a “hold” rating for the company. JMP Securities initiated coverage on MongoDB in a research report on Monday, November 13th. They set a “market perform” rating for the company. Barclays PLC initiated coverage on MongoDB in a research report on Monday, November 13th. They set an “overweight” rating and a $38.00 price objective for the company. Canaccord Genuity initiated coverage on MongoDB in a research report on Monday, November 13th. They set a “buy” rating and a $35.00 price objective for the company. Finally, Stifel Nicolaus initiated coverage on MongoDB in a research report on Monday, November 13th. They set a “buy” rating and a $34.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $33.83.
Shares of MongoDB (NASDAQ MDB) traded up $0.07 during trading on Wednesday, hitting $29.28. The company had a trading volume of 225,395 shares, compared to its average volume of 444,875. MongoDB has a 1 year low of $29.01 and a 1 year high of $34.00.
MongoDB, Inc offers MongoDB, a general purpose database platform. Its platform is designed to run applications at scale across a broad range of use cases in the cloud, on-premise or in a hybrid environment. Its primary subscription package is MongoDB Enterprise Advanced, which includes its proprietary database server, security, enterprise management capabilities, its graphical user interface, analytics integrations and technical support.
Receive News & Ratings for MongoDB Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MongoDB Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.