Hello Group Inc ADR (NASDAQ:MOMO) currently has a daily average trading volume of 1.08M but it saw 963635 shares traded in last market. With a market cap of 1.03B USD, the company’s current market price of $7.84 came falling about -0.63 while comparing to the previous closing price of $7.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.38 and as low as $4.79.
Taking a look at 20-day trading activity of Hello Group Inc ADR (MOMO) gives us an average price of $7.59, while its current price level is -6.44% below from 52-week high level whereas it is 63.67% 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 $7.40 while that of 200 days or SMA-200 reads an average of $6.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.53% during that period while stretching the period over a month that decreases to 4.10%. 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 56.69 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 1.95% up while it is 6.81% when we observe its performance for the past one month. Year-to-date it is 1.69% up and over the past year, the stock is showing an upside performance of 29.58%.
Currently, Hello Group Inc ADR’s total number of outstanding shares is 131.93M with 0.00% of that held by the insiders while 73.10% of its common stock has been owned by the institutions. 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 8.19 while having a 8.19 of forward P/E ratio. Stock’s beta reads 0.42. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 0.68. Its return on asset (ROA) is 7.54% on average.
