MDB Capital (NASDAQ:MDBH) Issues Earnings Results

MDB Capital (NASDAQ:MDBH) announced its quarterly earnings results on Friday. The company reported ($1.59) EPS for the quarter, FiscalAI reports. The company had revenue of ($0.57) million during the quarter.

MDB Capital Price Performance

MDBH stock traded down $0.37 during midday trading on Friday, hitting $1.52. The stock had a trading volume of 5,465 shares, compared to its average volume of 3,876. The business has a 50-day moving average of $2.10 and a two-hundred day moving average of $2.94. The firm has a market cap of $15.71 million, a price-to-earnings ratio of -0.70 and a beta of 1.39. MDB Capital has a 52-week low of $0.89 and a 52-week high of $4.16.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, MDB Capital presently has an average rating of “Sell”.

About MDB Capital

MDB Capital (NASDAQ: MDBH) is a financial services firm specializing in investment banking and capital markets services for innovative and emerging-growth companies. It advises businesses on financing and strategic transactions and supports capital raising through public and private offerings. The company also provides intellectual-property advisory services, including analysis and strategy to help businesses develop and commercialize their patent portfolios. Its services combine corporate finance expertise with support for technology-driven companies.