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After finishing at $6.36 in the prior trading day, Hello Group Inc ADR (NASDAQ: MOMO) closed at $6.47, up 1.73%. In other words, the price has increased by $1.73 from its previous closing price. On the day, 0.81 million shares were traded. MOMO stock price reached its highest trading level at $6.53 during the session, while it also had its lowest trading level at $6.39.
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 0.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.03. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 1140822656 and an Enterprise Value of -208648160. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 6.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at -0.018 whereas that against EBITDA is -0.096.
Stock Price History:
Over the past 52 weeks, MOMO has reached a high of $8.19, while it has fallen to a 52-week low of $4.79. The 50-Day Moving Average of the stock is -7.54%, while the 200-Day Moving Average is calculated to be 2.48%.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 776340 shares per day over the last 10 days, according to various share statistics. A total of 147.36M shares are outstanding, with a floating share count of 136.04M. Insiders hold about 0.07% of the company’s shares, while institutions hold 71.49% stake in the company. Shares short for MOMO as of 1730332800 were 4260824 with a Short Ratio of 3.40, compared to 1727654400 on 4054540. Therefore, it implies a Short% of Shares Outstanding of 4260824 and a Short% of Float of 3.15.
