Match Group Inc (MTCH) concluded trading on Wednesday at a closing price of $32.60, with 4.95 million shares of worth about $161.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.65% during that period and on Wednesday the price saw a gain of about 0.37%. Currently the company’s common shares owned by public are about 251.09M shares, out of which, 249.30M shares are available for trading.
Stock saw a price change of -5.43% in past 5 days and over the past one month there was a price change of -6.83%. Year-to-date (YTD), MTCH shares are showing a performance of -0.34% which decreased to -11.56% 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 $38.84 during that period. The average intraday trading volume for Match Group Inc shares is 4.48 million. The stock is currently trading -4.74% below its 20-day simple moving average (SMA20), while that difference is down -1.94% for SMA50 and it goes to -3.43% lower than SMA200.
Match Group Inc (NASDAQ: MTCH) currently have 251.09M outstanding shares and institutions hold larger chunk of about 112.24% of that.
The stock has a current market capitalization of $8.19B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 16.12, while it has posted earnings per share of $2.02 in the same period. Its PEG reads 1.06 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 3.54% while standing at 2.90% over the month.
Stock’s fiscal year EPS is expected to rise by 2.67% while it is estimated to increase by 20.66% in next year. EPS is likely to grow at an annualized rate of 15.23% for next 5-years, compared to annual growth of 2.24% made by the stock over the past 5-years.
Coverage by Evercore ISI stated Match Group Inc (MTCH) stock as an In-line in their note to investors on February 06, 2025, suggesting a price target of $35 for the stock. On January 14, 2025, BTIG Research Downgrade their recommendations, while on December 18, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $33. Stock get a Hold rating from Jefferies on December 17, 2024.
