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The price of Hello Group Inc ADR (NASDAQ: MOMO) closed at $6.68 in the last session, up 1.21% from day before closing price of $6.60. In other words, the price has increased by $1.21 from its previous closing price. On the day, 1.88 million shares were traded. MOMO stock price reached its highest trading level at $7.0 during the session, while it also had its lowest trading level at $6.645.
Ratios:
We take a closer look at MOMO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.29. For the most recent quarter (mrq), Quick Ratio is recorded 2.36 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.18.
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.
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 1236340992 and an Enterprise Value of -1051519808. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.08, and their Forward P/E ratio for the next fiscal year is 5.70. 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 0.62. Its current Enterprise Value per Revenue stands at -0.09 whereas that against EBITDA is -0.438.
Stock Price History:
The Beta on a monthly basis for MOMO is 0.51, which has changed by -0.3774464 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, MOMO has reached a high of $10.13, while it has fallen to a 52-week low of $4.79. The 50-Day Moving Average of the stock is 13.21%, while the 200-Day Moving Average is calculated to be 11.54%.
Shares Statistics:
According to the various share statistics, MOMO traded on average about 1.77M shares per day over the past 3-months and 1312000 shares per day over the past 10 days. A total of 147.36M shares are outstanding, with a floating share count of 144.79M. Insiders hold about 0.08% of the company’s shares, while institutions hold 74.01% stake in the company. Shares short for MOMO as of 1718323200 were 2472488 with a Short Ratio of 2.23, compared to 1715731200 on 3249210. Therefore, it implies a Short% of Shares Outstanding of 2472488 and a Short% of Float of 1.34000005.
