Match Group Inc (MTCH) Down -22.27% From Its 52-Week High, But Growth Potential Is Changing Over Time

Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 5.31M but it saw 3150890 shares traded in last market. With a market cap of 7.45B USD, the company’s current market price of $30.19 came rising about 1.86 while comparing to the previous closing price of $29.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.84 and as low as $26.39. In the recent trading on the day, stock has struck highest price mark of $29.69 while lowest mark touched by it was $30.245.

Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $29.51, while its current price level is -22.27% below from 52-week high level whereas it is 14.40% 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 $31.05 while that of 200 days or SMA-200 reads an average of $33.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.59% during that period while stretching the period over a month that increases to 4.29%. 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 51.89 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 5.38% up while it is -3.45% when we observe its performance for the past one month. Year-to-date it is -7.70% down and over the past year, the stock is showing a downside performance of -5.54%.

Currently, Match Group Inc’s total number of outstanding shares is 251.46M with 0.61% of that held by the insiders while 112.91% 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 14.91 while having a 12.22 of forward P/E ratio. Stock’s beta reads 1.38. Stock has a price to sale or P/S ratio amounts to 2.14. Its return on asset (ROA) is 12.29% on average.