Hello Group Inc ADR (NASDAQ:MOMO) currently has a daily average trading volume of 1.38M but it saw 1988405 shares traded in last market. With a market cap of 1.00B USD, the company’s current market price of $8.34 came rising about 0.24 while comparing to the previous closing price of $8.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.43 and as low as $5.05. In the recent trading on the day, stock has struck highest price mark of $8.165 while lowest mark touched by it was $8.365.
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 18.13% up while it is 30.31% when we observe its performance for the past one month. Year-to-date it is 14.38% up and over the past year, the stock is showing an upside performance of 56.35%.
Currently, Hello Group Inc ADR’s total number of outstanding shares is 120.49M with 0.00% of that held by the insiders while 77.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.31% and return on equity (ROE) at 12.39%. It has a price to earnings ratio (P/E ratio) of 7.84 while having a 7.71 of forward P/E ratio. Stock’s beta reads 0.32. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is 8.06% on average.
