Hello Group Inc ADR (NASDAQ:MOMO) currently has a daily average trading volume of 1.12M but it saw 2112170 shares traded in last market. With a market cap of 1.02B USD, the company’s current market price of $7.71 came rising about 5.76 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 $7.285 while lowest mark touched by it was $7.76.
Taking a look at 20-day trading activity of Hello Group Inc ADR (MOMO) gives us an average price of $7.34, while its current price level is -5.86% below from 52-week high level whereas it is 60.96% 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 $7.04 while that of 200 days or SMA-200 reads an average of $6.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.23% during that period while stretching the period over a month that increases to 3.71%. 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 61.89 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 4.33% up while it is 14.56% when we observe its performance for the past one month. Year-to-date it is 21.75% up and over the past year, the stock is showing an upside performance of 21.75%.
Currently, Hello Group Inc ADR’s total number of outstanding shares is 131.93M. Company’s return on investment (ROI) stands at 11.09% and return on equity (ROE) at 11.25%. It has a price to earnings ratio (P/E ratio) of 8.05 while having a 8.06 of forward P/E ratio. Stock’s beta reads 0.49. Stock has a price to book (P/B) ratio of 0.82 while price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is 7.54% on average.
