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MongoDB (MDB) Catches Eye: Stock Jumps 5.8%

Zacks Equity Research

MongoDB, Inc. MDB was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 12.7% in the past one-month time frame.

The move came after the company reported solid second-quarter fiscal 2020 (ended Jul 31, 2019) results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

MongoDB currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

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MongoDB, Inc. Price

MongoDB, Inc. Price
MongoDB, Inc. Price

MongoDB, Inc. price | MongoDB, Inc. Quote

Investors interested in the Internet - Software industry may consider HubSpot, Inc. HUBS, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is MDB going up? Or down? Predict to see what others think:Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
HubSpot, Inc. (HUBS) : Free Stock Analysis Report
 
MongoDB, Inc. (MDB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research