Key Points
- Insider purchase: Christopher Marlett bought 10,000 MDB Capital shares at an average price of $1.99, spending $19,900 and increasing his ownership by 5.88% to 179,933 shares.
- Stock performance: MDBH opened at $1.80, with a market capitalization of approximately $18.56 million. The stock has traded between $1.75 and $4.80 over the past year and remains below its 50-day and 200-day moving averages.
- Analyst sentiment: Weiss Ratings downgraded MDB Capital to “sell (e+),” while the company currently has an average “Sell” rating from analysts.
MDB Capital Holdings, LLC (NASDAQ:MDBH - Get Free Report) insider Christopher Marlett purchased 10,000 shares of MDB Capital stock in a transaction that occurred on Tuesday, October 13th. The stock was acquired at an average price of $1.99 per share, with a total value of $19,900.00. Following the transaction, the insider owned 179,933 shares in the company, valued at $358,066.67. The trade was a 5.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
MDB Capital Price Performance
Shares of NASDAQ:MDBH opened at $1.80 on Friday. The stock has a market cap of $18.56 million, a P/E ratio of -0.83 and a beta of 1.23. The firm has a fifty day moving average price of $2.67 and a 200 day moving average price of $3.11. MDB Capital Holdings, LLC has a 1-year low of $1.75 and a 1-year high of $4.80.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings lowered MDB Capital from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of "Sell".
View Our Latest Stock Analysis on MDBH
MDB Capital Company Profile
(
Get Free Report)
MDB Capital Holdings, LLC (NASDAQ: MDBH) is a financial services company focused on supporting businesses whose value is substantially tied to intellectual property. Through its investment banking platform, the company works with innovative and technology-driven enterprises seeking to develop, protect and commercialize their intellectual property.
MDB Capital provides services that may include capital raising, mergers and acquisitions advice, strategic planning and investor communications.
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