Daily Progress: Hello Group Inc ADR (MOMO) Gain 3.99, Closing at 6.77

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In the latest session, Hello Group Inc ADR (NASDAQ: MOMO) closed at $6.77 up 3.99% from its previous closing price of $6.51. In other words, the price has increased by $3.99 from its previous closing price. On the day, 1.16 million shares were traded. MOMO stock price reached its highest trading level at $6.885 during the session, while it also had its lowest trading level at $6.685.

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 0.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.31. 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.

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, JP Morgan on June 03, 2024, Downgraded its rating to Neutral and sets its target price to $6 from $13 previously.

UBS Upgraded its Neutral to Buy on April 28, 2023, whereas the target price for the stock was revised from $4.80 to $12.50.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1193720192 and an Enterprise Value of -102852864. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.82, and their Forward P/E ratio for the next fiscal year is 6.30. 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 0.80. Its current Enterprise Value per Revenue stands at -0.009 whereas that against EBITDA is -0.047.

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 -1.32%, while the 200-Day Moving Average is calculated to be 10.03%.

Shares Statistics:

For the past three months, MOMO has traded an average of 1.46M shares per day and 1331600 over the past ten days. 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 70.38% stake in the company. Shares short for MOMO as of 1727654400 were 4054540 with a Short Ratio of 2.77, compared to 1724976000 on 4433413. Therefore, it implies a Short% of Shares Outstanding of 4054540 and a Short% of Float of 3.0.

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