Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 4.23M but it saw 5615233 shares traded in last market. With a market cap of 7.91B USD, the company’s current market price of $31.50 came rising about 3.58 while comparing to the previous closing price of $30.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.42 and as low as $27.66. In the recent trading on the day, stock has struck highest price mark of $30.2314 while lowest mark touched by it was $31.62.
Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $33.54, while its current price level is -25.75% below from 52-week high level whereas it is 13.90% 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 $35.76 while that of 200 days or SMA-200 reads an average of $34.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.35% during that period while stretching the period over a month that increases to 2.93%. 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 38.61 which implies that the stock is in neutral territory.
HSBC Securities upgraded its recommendation for the stock as a “Buy” from “Hold” on August 05, 2024 while assigning a price target of $43.20. Wolfe Research issued its recommendations for the stock as it initiated the price target for the stock is $36.
Over the week, MTCH’s stock price is moving 0.77% up while it is -16.25% when we observe its performance for the past one month. Year-to-date it is -13.70% down and over the past year, the stock is showing a downside performance of -1.07%.
Currently, Match Group Inc’s total number of outstanding shares is 268.89M. Company’s return on investment (ROI) stands at 16.57%. It has a price to earnings ratio (P/E ratio) of 14.05 while having a 13.68 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to sale or P/S ratio amounts to 2.27. Its return on asset (ROA) is 14.36% on average.
