MDB Capital (NASDAQ:MDBH) Issues Quarterly Earnings Results

MDB Capital (NASDAQ:MDBH) released its earnings results on Thursday, May 14th. The company reported ($0.65) earnings per share for the quarter, Zacks reports.

MDB Capital Price Performance

MDBH remained flat at $3.35 during trading on Thursday. The company’s stock had a trading volume of 355 shares, compared to its average volume of 6,186. The company has a market capitalization of $34.51 million, a P/E ratio of -1.58 and a beta of 1.17. The firm has a 50-day moving average of $3.38 and a two-hundred day moving average of $3.31. MDB Capital has a 12 month low of $2.45 and a 12 month high of $5.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in MDB Capital in the 2nd quarter worth about $27,000. DRW Securities LLC bought a new position in MDB Capital during the 4th quarter valued at about $40,000. Finally, Citadel Advisors LLC acquired a new position in shares of MDB Capital in the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 0.35% of the company’s stock.

About MDB Capital

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.