Yalla Group Limited ADR (NYSE:YALA) does about 782.20K shares in volume on a normal day but saw 2408970 shares change hands in the recent trading day. The company now has a market cap of 1.03B USD. Its current market price is $7.73, marking a decrease of -3.74% compared to the previous close of $8.03. The 52 week high reached by this stock is $8.15 whilst the lowest price level in 52 weeks is $3.71.
Yalla Group Limited ADR (YALA) has a 20-day trading average at $6.20 and the current price is -5.15% off the 52-week high compared with 108.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.23 and its 200-day simple moving average is $4.45. If we look at the stock’s price movements over the week, volatility stands at 7.48%, which increases to 7.76% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.24 to suggest the stock is overbought.
The consensus objective for the share price is $6.70, suggesting that the stock has a potential downside of -15.37% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 12, 2021 when Oppenheimer upgraded the stock to “Outperform” and issued a price target of $28.
The current price level is 24.60%, 47.89%, and 73.86% away from its SMA20, SMA50, and SMA200 respectively, with the YALA price moving below the 50-day SMA on current market day. Yalla Group Limited ADR (YALA) stock is up 9.18% over the week and 42.88% over the past month. Its price is 90.39% year-to-date and 65.17% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.83 for whole year. Expected sales for next quarter are $86.9M, which analysts say will come at $361.51M for the current fiscal year and next year at $381.66M. In addition, estimates put the company’s current quarterly revenue at an average of $81.8M.
To reach the target analysts have set, the stock logically needs to shrink -15.37 percent from here.
Outstanding shares total 133.34M with insiders holding 32.74% of the shares and institutional holders owning 34.97% of the company’s common stock. The company has a return on investment of 19.26% and return on equity of 21.33%. The price to earnings ratio (P/E ratio) amounts to 10.43 while the forward price to earnings ratio is 9.20. The beta has a value of 0.88. Price to book ratio is 1.73 and price to sales ratio is 3.03.
