Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 4.95M but it saw 3915808 shares traded in last market. With a market cap of 7.53B USD, the company’s current market price of $30.08 came falling about -2.15 while comparing to the previous closing price of $30.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.84 and as low as $27.66. In the recent trading on the day, stock has struck highest price mark of $30.06 while lowest mark touched by it was $30.92.
Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $32.36, while its current price level is -22.55% below from 52-week high level whereas it is 8.77% 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 $33.03 while that of 200 days or SMA-200 reads an average of $33.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.47% during that period while stretching the period over a month that decreases to 3.49%. 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 36.23 which implies that the stock is in neutral territory.
Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on February 06, 2025 while assigning a price target range of $35-$35.
Over the week, MTCH’s stock price is moving -3.99% down while it is -11.35% when we observe its performance for the past one month. Year-to-date it is -8.04% down and over the past year, the stock is showing a downside performance of -11.79%.
The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 0.65 while estimate for next year EPS is 3.3. In next quarter, company is expected to be making quarterly sales of $847.1M as analysts are expecting the sales for current fiscal year at $3.45B and seeing the company making $3.61B in sales next year. Moreover, analysts are in estimates of $826.35M for current-quarter revenue.
Currently, Match Group Inc’s total number of outstanding shares is 251.46M with 0.60% of that held by the insiders while 113.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 14.25%. It has a price to earnings ratio (P/E ratio) of 14.86 while having a 12.03 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 12.29% on average.
