Medidata Solutions, Inc. (MDSO) At $66.40 Forms Bottom; MONDI LTD ORDINARY SHARES SOUTH AFRICA (MODLF) Shorts Raised By 304.35%

April 12, 2018 - By Shannon Black

Medidata Solutions, Inc. (NASDAQ:MDSO) Logo

MONDI LTD ORDINARY SHARES SOUTH AFRICA (OTCMKTS:MODLF) had an increase of 304.35% in short interest. MODLF’s SI was 9,300 shares in April as released by FINRA. Its up 304.35% from 2,300 shares previously. It closed at $26.4 lastly. It is down 0.00% since April 12, 2017 and is . It has underperformed by 11.55% the S&P500.

Medidata Solutions, Inc. (MDSO) formed multiple bottom with $64.41 target or 3.00% below today’s $66.40 share price. Medidata Solutions, Inc. (MDSO) has $3.89 billion valuation. The stock increased 0.87% or $0.57 during the last trading session, reaching $66.4. About 405,285 shares traded. Medidata Solutions, Inc. (NASDAQ:MDSO) has risen 13.38% since April 12, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

Since December 19, 2017, it had 0 insider buys, and 8 insider sales for $4.58 million activity. 26,836 Medidata Solutions, Inc. (NASDAQ:MDSO) shares with value of $1.89M were sold by Sherif Tarek. Another trade for 3,000 shares valued at $210,000 was made by Bergmann Rouven on Wednesday, January 24. Another trade for 26,836 shares valued at $1.88 million was made by de Vries Glen Michael on Friday, March 9.

Analysts await Medidata Solutions, Inc. (NASDAQ:MDSO) to report earnings on April, 25. They expect $0.19 earnings per share, down 5.00% or $0.01 from last year’s $0.2 per share. MDSO’s profit will be $11.14M for 87.37 P/E if the $0.19 EPS becomes a reality. After $0.27 actual earnings per share reported by Medidata Solutions, Inc. for the previous quarter, Wall Street now forecasts -29.63% negative EPS growth.

Among 17 analysts covering Medidata Solutions Inc. (NASDAQ:MDSO), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Medidata Solutions Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was initiated by Leerink Swann on Tuesday, April 26 with “Market Perform”. The rating was maintained by Needham with “Buy” on Thursday, February 11. The firm has “Buy” rating given on Monday, November 13 by Dougherty. The firm earned “Market Perform” rating on Thursday, July 21 by Wells Fargo. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 26. The firm earned “Buy” rating on Thursday, February 11 by Topeka Capital Markets. Jefferies maintained Medidata Solutions, Inc. (NASDAQ:MDSO) on Tuesday, July 18 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Friday, June 16. Morgan Stanley maintained the stock with “Buy” rating in Wednesday, June 14 report. Topeka Capital Markets upgraded Medidata Solutions, Inc. (NASDAQ:MDSO) rating on Wednesday, October 28. Topeka Capital Markets has “Buy” rating and $50 target.

Medidata Solutions, Inc. (NASDAQ:MDSO) Institutional Positions Chart