MongoDB with ticker code (MDB) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 445 and 320 with the average target price sitting at 389.82. With the stocks previous close at 280.36 this now indicates there is a potential upside of 39.0%. The 50 day moving average now sits at 332.01 and the 200 day MA is 309.63. The company has a market cap of $16,642m. Visit the company website at: http://www.mongodb.com
MongoDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server 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 and changed its name to MongoDB in August 2013. MongoDB was incorporated in 2007 and is headquartered in New York, New York.