MDB Capital (NASDAQ:MDBH) Announces Earnings Results

MDB Capital (NASDAQ:MDBH) issued its quarterly earnings data on Friday. The company reported ($1.59) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of ($0.57) million for the quarter.

MDB Capital Stock Performance

Shares of NASDAQ MDBH traded down $0.37 during midday trading on Friday, reaching $1.52. 5,465 shares of the company’s stock were exchanged, compared to its average volume of 4,866. MDB Capital has a 52-week low of $0.89 and a 52-week high of $4.16. The stock has a market capitalization of $15.71 million, a PE ratio of -0.70 and a beta of 1.39. The business’s fifty day moving average price is $2.12 and its two-hundred day moving average price is $2.95.

Wall Street Analysts Forecast Growth

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

About MDB Capital

MDB Capital Holdings, LLC (NASDAQ: MDBH) is a financial services company focused on businesses whose intellectual property is a significant component of their value. Through its investment banking and advisory operations, the company works with intellectual-property-rich companies on strategic planning, capital formation, investor communications and other corporate finance needs. MDB Capital’s services are designed to help clients identify, develop and communicate the commercial potential of patents and other intellectual property.