The Meet Group Inc. (NASDAQ: MEET) flaunted slowness of -0.32% at $6.21, as the Stock market unbolted on June 26, 2020. During the day, the stock rose to $6.24 and sunk to $6.195 before settling in for the price of $6.23 at the close. Taking a more long-term approach, MEET posted a 52-week range of $3.07-$7.00.
In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was 36.40%. Meanwhile, its Annual Earning per share during the time was 28.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 874.50%. This publicly-traded company’s shares outstanding now amounts to $71.00 million, simultaneously with a float of $66.36 million. The organization now has a market capitalization sitting at $447.31 million. At the time of writing, stock’s 50-day Moving Average stood at $6.19, while the 200-day Moving Average is $5.37.
If we measure the efficiency of the company that is accounted for 330 employees. It has generated 641,518 per worker during the last fiscal year. Meanwhile, its income per employee was 34,345. The stock had 7.89 Receivables turnover and 0.78 Total Asset turnover. For the Profitability, stocks gross margin was +35.02, operating margin was +8.45 and Pretax Margin of +7.68.
The Meet Group Inc. (MEET) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the The Meet Group Inc. industry. The Meet Group Inc.’s current insider ownership accounts for 2.10%, in contrast to 78.90% institutional ownership. According to the most recent insider trade that took place on Jun 12, this organization’s Director sold 4,929 shares at the rate of 6.19, making the entire transaction reach 30,511 in total value, affecting insider ownership by 97,537. Preceding that transaction, on Jun 12, Company’s Director sold 4,929 for 6.19, making the whole transaction’s value amount to 30,511. This particular insider is now the holder of 68,473 in total.
The Meet Group Inc. (MEET) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 3/30/2020, it has been observed that the corporation posted $0.09 earnings per share (EPS) during the time that was less the consensus figure (set at $0.13) by -$0.04. This company achieved a net margin of +5.35 while generating a return on equity of 5.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
The Meet Group Inc.’s EPS increase for this current 12-month fiscal period is 874.50% and is forecasted to reach 0.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.00% through the next 5 years, which can be compared against the 28.70% growth it accomplished over the previous five years trading on the market.
The Meet Group Inc. (NASDAQ: MEET) Trading Performance Indicators
Let’s observe the current performance indicators for The Meet Group Inc. (MEET). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 0.04. Alongside those numbers, its PE Ratio stands at $62.73, and its Beta score is 0.89. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.06. Similarly, its price to free cash flow for trailing twelve months is now 11.62.
In the same vein, MEET’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.10, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 0.62 at the market close of one year from today.
Technical Analysis of The Meet Group Inc. (MEET)
Now, what If we examine the latest scores posted by [The Meet Group Inc., MEET]. During the last 5-days, its volume was lower the volume of 2.2 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 69.84% While, its Average True Range was 0.04.
Raw Stochastic average of The Meet Group Inc. (MEET) in the period of the previous 100 days is set at 70.96%, which indicates a major rise in contrast to 55.56% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 5.10% that was lower than 56.74% volatility it exhibited in the past 100-days period.