Match Group Inc (MTCH) concluded trading on Tuesday at a closing price of $32.71, with 5.5 million shares of worth about $179.97 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.07% during that period and on December 31, 2024 the price saw a loss of about -0.27%. Currently the company’s common shares owned by public are about 253.96M shares, out of which, 249.47M shares are available for trading.
Stock saw a price change of -0.46% in past 5 days and over the past one month there was a price change of -0.09%. Year-to-date (YTD), MTCH shares are showing a performance of -10.38% which decreased to -10.38% 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 4.46 million. The stock is currently trading 0.68% above its 20-day simple moving average (SMA20), while that difference is down -1.85% for SMA50 and it goes to -3.00% lower than SMA200.
Match Group Inc (NASDAQ: MTCH) currently have 253.96M outstanding shares and institutions hold larger chunk of about 106.88% of that.
The stock has a current market capitalization of $8.19B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 14.59, while it has posted earnings per share of $2.24 in the same period. Its PEG reads 0.91 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 2.28% while standing at 3.49% over the month.
Stock’s fiscal year EPS is expected to drop by -13.43% while it is estimated to increase by 12.20% in next year. EPS is likely to grow at an annualized rate of 15.95% for next 5-years, compared to annual growth of 7.04% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 18, 2024 offering a Neutral rating for the stock and assigned a target price range of between $40 and $33 to it. Coverage by Jefferies stated Match Group Inc (MTCH) stock as a Hold in their note to investors on December 17, 2024, suggesting a price target of $32 for the stock. Stock get a Buy rating from HSBC Securities on August 05, 2024.
