Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Hello Group Inc ADR (NASDAQ: MOMO) closed at $5.52 down -0.72% from its previous closing price of $5.56. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.51 million shares were traded. MOMO stock price reached its highest trading level at $5.63 during the session, while it also had its lowest trading level at $5.48.
Ratios:
For a deeper understanding of Hello Group Inc ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.44. For the most recent quarter (mrq), Quick Ratio is recorded 3.72 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on April 28, 2023, Upgraded its rating to Buy and sets its target price to $12.50 from $4.80 previously.
On April 14, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $5 to $13.
Morgan Stanley Downgraded its Overweight to Equal-Weight on February 16, 2023, whereas the target price for the stock was revised from $9 to $12.
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 1035237376 and an Enterprise Value of -2534871808. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.02, and their Forward P/E ratio for the next fiscal year is 4.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at -0.211 whereas that against EBITDA is -1.063.
Stock Price History:
Over the past 52 weeks, MOMO has reached a high of $10.13, while it has fallen to a 52-week low of $5.09. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be -18.54%.
Shares Statistics:
For the past three months, MOMO has traded an average of 2.59M shares per day and 2389990 over the past ten days. A total of 149.76M shares are outstanding, with a floating share count of 149.69M. Insiders hold about 0.05% of the company’s shares, while institutions hold 74.90% stake in the company. Shares short for MOMO as of 1711584000 were 3752615 with a Short Ratio of 1.45, compared to 1709164800 on 3271598. Therefore, it implies a Short% of Shares Outstanding of 3752615 and a Short% of Float of 2.0599999.
Earnings Estimates
The stock of Hello Group Inc ADR (MOMO) is currently in the spotlight, with FOMO analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $5.52, with high estimates of $25.21 and low estimates of $7.85.
