MDB Capital Holdings, LLC (NASDAQ:MDBH - Get Free Report) shares dropped 0.9% during trading on Wednesday . The company traded as low as $7.09 and last traded at $7.30. Approximately 6,279 shares changed hands during trading, a decline of 34% from the average daily volume of 9,546 shares. The stock had previously closed at $7.37.
MDB Capital Price Performance
The business has a 50-day moving average of $8.95 and a 200-day moving average of $8.88.
MDB Capital (NASDAQ:MDBH - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.46) earnings per share for the quarter.
Institutional Inflows and Outflows
An institutional investor recently raised its position in MDB Capital stock. Pasadena Private Wealth LLC raised its stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH - Free Report) by 50.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,000 shares of the company's stock after acquiring an additional 25,000 shares during the period. Pasadena Private Wealth LLC owned approximately 0.17% of MDB Capital worth $769,000 as of its most recent SEC filing. 0.35% of the stock is owned by institutional investors.
About MDB Capital
(
Get Free Report)
MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence.
Featured Articles
Before you consider MDB Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MDB Capital wasn't on the list.
While MDB Capital currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.