On Friday, Match Group Inc. (NASDAQ: MTCH) opened higher 0.05% from the last session, before settling in for the closing price of $37.19. Price fluctuations for MTCH have ranged from $27.66 to $47.81 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 14.46%. Company’s average yearly earnings per share was noted -11.88% at the time writing. With a float of $256.32 million, this company’s outstanding shares have now reached $268.89 million.
The extent of productivity of a business whose workforce counts for 2620 workers is very important to gauge. In terms of profitability, gross margin is 69.42%, operating margin of 25.73%, and the pretax margin is 22.03%.
Match Group Inc. (MTCH) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Match Group Inc. is 0.61%, while institutional ownership is 109.98%. The most recent insider transaction that took place on Mar 01 ’24, was worth 18,025. In this transaction Chief Bus. Affairs & Leg. Off. of this company sold 500 shares at a rate of $36.05, taking the stock ownership to the 54,009 shares. Before that another transaction happened on Feb 01 ’24, when Company’s Chief Bus. Affairs & Leg. Off. sold 500 for $38.76, making the entire transaction worth $19,380. This insider now owns 29,352 shares in total.
Match Group Inc. (MTCH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -11.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.27% during the next five years compared to 7.04% growth over the previous five years of trading.
Match Group Inc. (NASDAQ: MTCH) Trading Performance Indicators
Check out the current performance indicators for Match Group Inc. (MTCH). In the past quarter, the stock posted a quick ratio of 2.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.76. Likewise, its price to free cash flow for the trailing twelve months is 10.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.30, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.42 in one year’s time.
Technical Analysis of Match Group Inc. (MTCH)
The latest stats from [Match Group Inc., MTCH] show that its last 5-days average volume of 3.06 million was inferior to 5.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.43%. Additionally, its Average True Range was 1.06.
During the past 100 days, Match Group Inc.’s (MTCH) raw stochastic average was set at 85.43%, which indicates a significant increase from 84.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.61% in the past 14 days, which was lower than the 37.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.90, while its 200-day Moving Average is $33.86. Now, the first resistance to watch is $37.65. This is followed by the second major resistance level at $38.09. The third major resistance level sits at $38.59. If the price goes on to break the first support level at $36.71, it is likely to go to the next support level at $36.21. The third support level lies at $35.77 if the price breaches the second support level.
Match Group Inc. (NASDAQ: MTCH) Key Stats
There are currently 265,668K shares outstanding in the company with a market cap of 9.60 billion. Presently, the company’s annual sales total 3,365 M according to its annual income of 651,540 K. Last quarter, the company’s sales amounted to 864,070 K and its income totaled 133,330 K.
