Mondee Holdings Inc [NASDAQ: MOND] closed the trading session at $0.20.
The stocks have a year to date performance of -92.78 percent and weekly performance of -79.19 percent. The stock has been moved at -91.18 percent over the last six months. The stock has performed -84.18 percent around the most recent 30 days and changed -88.74 percent over the most recent 3-months.
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If compared to the average trading volume of 227.40K shares, MOND reached to a volume of 4025514 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Mondee Holdings Inc [MOND]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MOND shares is $3.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MOND stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Mondee Holdings Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on January 05, 2024. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Outperform. The new note on the price target was released on June 27, 2023, representing the official price target for Mondee Holdings Inc stock.
The Average True Range (ATR) for Mondee Holdings Inc is set at 0.17, with the Price to Sales ratio for MOND stock in the period of the last 12 months amounting to 0.07.
MOND stock trade performance evaluation
Mondee Holdings Inc [MOND] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -79.19. With this latest performance, MOND shares dropped by -84.18% in over the last four-week period, additionally sinking by -91.18% over the last 6 months – not to mention a drop of -93.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MOND stock in for the last two-week period is set at 16.28, with the RSI for the last a single of trading hit 11.05, and the three-weeks RSI is set at 20.61 for Mondee Holdings Inc [MOND]. The present Moving Average for the last 50 days of trading for this stock 1.1627, while it was recorded at 0.4926 for the last single week of trading, and 1.9527 for the last 200 days.
Mondee Holdings Inc [MOND]: An insightful look at the core fundamentals
Mondee Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.92 and a Current Ratio set at 0.92.
Mondee Holdings Inc [MOND]: Institutional Ownership
There are presently around $26.83%, or 68.09%% of MOND stock, in the hands of institutional investors. The top three institutional holders of MOND stocks are: MORGAN STANLEY with ownership of 8.47 million shares, which is approximately 10.7884%. BLACKROCK INC., holding 2.81 million shares of the stock with an approximate value of $$6.75 million in MOND stocks shares; and BLACKROCK INC., currently with $$5.23 million in MOND stock with ownership which is approximately 2.7765%.
