Is Monday.Com Ltd (NASDAQ: MNDY) A Good Investment For New Investors Now?

Monday.Com Ltd (NASDAQ:MNDY) shares, rose in value on Friday, February 14, with price down by -0.57% to the previous day’s close as strong demand from buyers drove the stock to $318.50.

Actively observing the price movement in the last trading, the stock closed the session at $320.33, falling within a range of $312.44 and $320.49. The value of beta (5-year monthly) was 1.303 whereas the PE ratio was 526.53 over 12-month period. Referring to stock’s 52-week performance, its high was $342.64, and the low was $174.75. On the whole, MNDY has fluctuated by 36.02% over the past month.

With the market capitalization of Monday.Com Ltd currently standing at about $15.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MNDY’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 27.13, with the price of MNDY currently trading nearly 18.07% and 23.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.43, while the 7-day volatility ratio is showing 6.39% which for the 30-day chart, stands at 5.07%. Furthermore, Monday.Com Ltd (MNDY)’s beta value is 1.31, and its average true range (ATR) is 16.19.

A comparison of Monday.Com Ltd (MNDY) with its peers suggests the former has fared considerably weaker in the market. MNDY showed an intraday change of -0.57% in last session, and over the past year, it grew by 48.06%%.

Data on historical trading for Monday.Com Ltd (NASDAQ:MNDY) indicates that the trading volumes over the past 10 days have averaged 1.66 and over the past 3 months, they’ve averaged 1.06 million. According to company’s latest data on outstanding shares, there are 49.86 million shares outstanding.

Nearly 23.81% of Monday.Com Ltd’s shares belong to company insiders and institutional investors own 74.98% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.04 million shares as on 2025-01-31, resulting in a short ratio of 3.16. According to the data, the short interest in Monday.Com Ltd (MNDY) stood at 730.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.02 million. The stock has risen by 35.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MNDY stock heading into the next quarter.

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