There Is Clear Momentum For Match Group Inc (NASDAQ: MTCH)

Match Group Inc (MTCH) concluded trading on Thursday at a closing price of $32.59, with 2.88 million shares of worth about $93.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.34% during that period and on December 05, 2024 the price saw a loss of about -0.82%. Currently the company’s common shares owned by public are about 253.96M shares, out of which, 249.51M shares are available for trading.

Stock saw a price change of 0.25% in past 5 days and over the past one month there was a price change of -11.78%. Year-to-date (YTD), MTCH shares are showing a performance of -10.71% which increased to 0.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.66 but also hit the highest price of $42.42 during that period. The average intraday trading volume for Match Group Inc shares is 4.24 million. The stock is currently trading 2.90% above its 20-day simple moving average (SMA20), while that difference is down -7.13% for SMA50 and it goes to -3.96% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Match Group Inc (NASDAQ: MTCH) currently have 253.96M outstanding shares and institutions hold larger chunk of about 106.24% of that.

The stock has a current market capitalization of $8.18B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 14.54, while it has posted earnings per share of $2.24 in the same period. Its PEG reads 0.61 and has Quick Ratio of 2.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MTCH, volatility over the week remained 2.11% while standing at 3.03% over the month.

Stock’s fiscal year EPS is expected to drop by -12.47% while it is estimated to increase by 16.40% in next year. EPS is likely to grow at an annualized rate of 23.92% for next 5-years, compared to annual growth of 7.04% made by the stock over the past 5-years.

Coverage by HSBC Securities stated Match Group Inc (MTCH) stock as a Buy in their note to investors on August 05, 2024, suggesting a price target of $43.20 for the stock. On July 16, 2024, Wolfe Research Initiated their recommendations, while on July 15, 2024, Citigroup Reiterated their ratings for the stock with a price target of $33. Stock get an Equal-weight rating from Morgan Stanley on April 18, 2024.

Most Popular

Related Posts