Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 4.31M but it saw 8780068 shares traded in last market. With a market cap of 7.68B USD, the company’s current market price of $30.58 came falling about -2.86 while comparing to the previous closing price of $31.48. 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 $29.95 while lowest mark touched by it was $31.19.
Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $31.98, while its current price level is -27.92% below from 52-week high level whereas it is 10.58% 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 $34.57 while that of 200 days or SMA-200 reads an average of $33.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.19% during that period while stretching the period over a month that decreases to 2.85%. 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 34.97 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 -6.17% down while it is -0.97% when we observe its performance for the past one month. Year-to-date it is -16.22% down and over the past year, the stock is showing a downside performance of -4.50%.
Currently, Match Group Inc’s total number of outstanding shares is 253.96M. Company’s return on investment (ROI) stands at 16.57%. It has a price to earnings ratio (P/E ratio) of 13.64 while having a 13.78 of forward P/E ratio. Stock’s beta reads 1.27. Stock has a price to sale or P/S ratio amounts to 2.20. Its return on asset (ROA) is 14.36% on average.
