A new trading day began on Tuesday, with Hello Group Inc ADR (NASDAQ: MOMO) stock price down -2.34% from the previous day of trading, before settling in for the closing price of $6.84. MOMO’s price has ranged from $4.79 to $8.19 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Communication Services sector was -2.60%. Meanwhile, its annual earnings per share averaged -43.57%. With a float of $136.04 million, this company’s outstanding shares have now reached $147.36 million.
Considering the fact that the conglomerate employs 1382 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.22%, operating margin of 18.67%, and the pretax margin is 21.44%.
Hello Group Inc ADR (MOMO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Hello Group Inc ADR is 0.07%, while institutional ownership is 71.49%. The most recent insider transaction that took place on Sep 26 ’24, was worth 1,613,575. Before that another transaction happened on Sep 25 ’24, when Company’s Officer proposed sale 130,827 for $7.03, making the entire transaction worth $919,243.
Hello Group Inc ADR (MOMO) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 3.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.43% during the next five years compared to -8.04% drop over the previous five years of trading.
Hello Group Inc ADR (NASDAQ: MOMO) Trading Performance Indicators
Here are Hello Group Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 6.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.03 in one year’s time.
Technical Analysis of Hello Group Inc ADR (MOMO)
Compared to the last year’s volume of 1.69 million, its volume of 0.74 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.70%. Additionally, its Average True Range was 0.26.
During the past 100 days, Hello Group Inc ADR’s (MOMO) raw stochastic average was set at 30.73%, which indicates a significant increase from 8.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.38% in the past 14 days, which was lower than the 41.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.98, while its 200-day Moving Average is $6.42. Nevertheless, the first resistance level for the watch stands at $6.81 in the near term. At $6.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.00. If the price goes on to break the first support level at $6.62, it is likely to go to the next support level at $6.55. Should the price break the second support level, the third support level stands at $6.43.
Hello Group Inc ADR (NASDAQ: MOMO) Key Stats
With a market capitalization of 909.42 million, the company has a total of 144,899K Shares Outstanding. Currently, annual sales are 1,690 M while annual income is 275,720 K. The company’s previous quarter sales were 370,350 K while its latest quarter income was 54,740 K.
