MDB Capital (NASDAQ:MDBH) Releases Earnings Results

MDB Capital (NASDAQ:MDBH) posted its quarterly earnings results on Thursday. The company reported $999.00 earnings per share for the quarter, reports.

MDB Capital Price Performance

MDB Capital stock traded up $0.36 during mid-day trading on Friday, reaching $3.57. 4,891 shares of the company’s stock traded hands, compared to its average volume of 3,444. The stock has a 50 day moving average of $3.32 and a two-hundred day moving average of $3.38. MDB Capital has a 12-month low of $2.75 and a 12-month high of $5.50.

Institutional Investors Weigh In On MDB Capital

A number of hedge funds have recently bought and sold shares of MDBH. Raymond James Financial Inc. purchased a new stake in MDB Capital during the second quarter valued at $27,000. Citadel Advisors LLC purchased a new stake in MDB Capital during the third quarter valued at $43,000. Finally, DRW Securities LLC purchased a new stake in MDB Capital during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MDB Capital in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

MDB Capital Company Profile

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. The Technology Development segment engages in the synthetic biology technology development business.