Match Group Inc (NASDAQ: MTCH) Now $26.39 Higher From Its Low (2.59), Does It Still Have A Growth Story?

Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 5.43M but it saw 4266770 shares traded in last market. With a market cap of 7.11B USD, the company’s current market price of $28.98 came falling about -1.48 while comparing to the previous closing price of $29.41. 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.

Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $29.46, while its current price level is -25.40% below from 52-week high level whereas it is 9.80% 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 $30.02 while that of 200 days or SMA-200 reads an average of $33.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that decreases to 3.19%. 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 46.95 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 5.48% up while it is -0.36% when we observe its performance for the past one month. Year-to-date it is -11.42% down and over the past year, the stock is showing a downside performance of -6.41%.

Currently, Match Group Inc’s total number of outstanding shares is 248.61M with 0.56% of that held by the insiders while 107.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.82%. It has a price to earnings ratio (P/E ratio) of 14.29 while having a 11.38 of forward P/E ratio. Stock’s beta reads 1.34. Stock has a price to sale or P/S ratio amounts to 2.06. Its return on asset (ROA) is 13.16% on average.