MDB Capital (NASDAQ:MDBH) Stock Price Down 2.1% – Should You Sell?

MDB Capital Holdings, LLC (NASDAQ:MDBH) fell 2.1% during trading on Tuesday . The stock traded as low as $3.26 and last traded at $3.48. 16,178 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 11,761 shares. The stock had previously closed at $3.55.

MDB Capital Trading Down 2.1%

The company has a market capitalization of $32.32 million, a P/E ratio of 6.21 and a beta of 1.05. The stock’s fifty day moving average is $3.68 and its 200 day moving average is $4.36.

MDB Capital (NASDAQ:MDBH) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.83) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Citadel Advisors LLC bought a new stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,884 shares of the company’s stock, valued at approximately $94,000. Citadel Advisors LLC owned 0.16% of MDB Capital as of its most recent filing with the Securities and Exchange Commission (SEC). 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.