The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $7.42 in the prior trading day, Hello Group Inc ADR (NASDAQ: MOMO) closed at $6.80, down -8.36%. In other words, the price has decreased by -$8.36 from its previous closing price. On the day, 5.67 million shares were traded. MOMO stock price reached its highest trading level at $7.0899 during the session, while it also had its lowest trading level at $6.5.
Ratios:
Our goal is to gain a better understanding of MOMO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 03, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $13 to $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 26 ’24 when LI WANG bought 226,013 shares for $7.14 per share.
LI WANG bought 130,827 shares of MOMO for $919,243 on Sep 25 ’24. On Sep 13 ’24, another insider, Wang Li, who serves as the Director of the company, bought 343,160 shares for $6.29 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOMO now has a Market Capitalization of 1170348032 and an Enterprise Value of 1033649472. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.10, and their Forward P/E ratio for the next fiscal year is 6.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.095 whereas that against EBITDA is 0.527.
Stock Price History:
The Beta on a monthly basis for MOMO is 0.25, which has changed by 0.1409396 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, MOMO has reached a high of $8.38, while it has fallen to a 52-week low of $4.79. The 50-Day Moving Average of the stock is -7.81%, while the 200-Day Moving Average is calculated to be -0.57%.
Shares Statistics:
The stock has traded on average 977.96K shares per day over the past 3-months and 1364510 shares per day over the last 10 days, according to various share statistics. A total of 131.93M shares are outstanding, with a floating share count of 131.83M. Insiders hold about 0.08% of the company’s shares, while institutions hold 74.21% stake in the company. Shares short for MOMO as of 1740700800 were 3929780 with a Short Ratio of 4.02, compared to 1738281600 on 3940187. Therefore, it implies a Short% of Shares Outstanding of 3929780 and a Short% of Float of 3.0.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
