Mondee Holdings Inc (NASDAQ:MOND)’s traded shares stood at 4.03 million during the last session, with the company’s beta value hitting -0.28. At the close of trading, the stock’s price was $0.20, to imply a decrease of -32.46% or -$0.1 in intraday trading. The MOND share’s 52-week high remains $3.25, putting it -1525.0% down since that peak but still an impressive -35.0% since price per share fell to its 52-week low of $0.27. The company has a valuation of $17.42M, with an average of 0.78 million shares in intraday trading volume over the past 10 days and average of 227.40K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Mondee Holdings Inc (MOND), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MOND a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.1.
Mondee Holdings Inc (NASDAQ:MOND) trade information
After registering a -32.46% downside in the last session, Mondee Holdings Inc (MOND) has traded red over the past five days. The 5-day price performance for the stock is -79.19%, and -84.18% over 30 days. With these gigs, the year-to-date price performance is -92.78%. Short interest in Mondee Holdings Inc (NASDAQ:MOND) saw shorts transact 2.58 million shares and set a 23.86 days time to cover.
The extremes give us $13 and $13 for target low and target high price respectively. As such, MOND has been trading -6400.0% off suggested target high and -6400.0% from its likely low.
Mondee Holdings Inc (MOND) estimates and forecasts
The rating firms project that company’s revenue will grow 11.56% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 54.9M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 73.6M.Earnings reports from the last fiscal year show that sales brought in 54.53M and 61.05M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 0.67% before jumping 20.55% in the following quarter.
MOND Dividends
Mondee Holdings Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Mondee Holdings Inc (NASDAQ:MOND)’s Major holders
Mondee Holdings Inc insiders hold 60.60% of total outstanding shares, with institutional holders owning 26.83% of the shares at 68.09% float percentage. In total, 26.83% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 8.47 million shares (or 10.7884% of shares), all amounting to roughly $20.32 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 2.81 million shares, or about 3.5846% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.75 million.
