Hello Group Inc ADR (NASDAQ:MOMO) currently has a daily average trading volume of 1.32M but it saw 1873025 shares traded in last market. With a market cap of 940.73M USD, the company’s current market price of $6.91 came falling about -5.21 while comparing to the previous closing price of $7.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.19 and as low as $4.79. In the recent trading on the day, stock has struck highest price mark of $6.875 while lowest mark touched by it was $7.14.
Taking a look at 20-day trading activity of Hello Group Inc ADR (MOMO) gives us an average price of $7.00, while its current price level is -15.63% below from 52-week high level whereas it is 44.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.91 while that of 200 days or SMA-200 reads an average of $6.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.78% during that period while stretching the period over a month that increases to 3.11%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.60 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on June 03, 2024 while assigning a price target range of $13-$6.
Over the week, MOMO’s stock price is moving -2.26% down while it is -9.91% when we observe its performance for the past one month. Year-to-date it is 9.12% up and over the past year, the stock is showing an upside performance of 5.77%.
Currently, Hello Group Inc ADR’s total number of outstanding shares is 147.36M. Company’s return on investment (ROI) stands at 10.44% and return on equity (ROE) at 12.48%. It has a price to earnings ratio (P/E ratio) of 6.96 while having a 6.62 of forward P/E ratio. Stock’s beta reads 0.52. Stock has a price to book (P/B) ratio of 0.82 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is 8.46% on average.
