Currently, there are 123.91M common shares owned by the public and among those 123.82M shares have been available to trade.
The company’s stock has a 5-day price change of -1.46% and -17.79% over the past three months. MOMO shares are trading -16.62% year to date (YTD), with the 12-month market performance up to 10.27% higher. It has a 12-month low price of $4.53 and touched a high of $7.93 over the same period. MOMO has an average intraday trading volume of 1.26 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.68%, 2.89%, and -6.45% respectively.
Institutional ownership of Hello Group Inc ADR (NASDAQ: MOMO) shares accounts for 72.77% of the company’s 123.91M shares outstanding.
It has a market capitalization of $753.37M and a beta (3y monthly) value of 0.30. The stock’s trailing 12-month PE ratio is 7.76, while the earnings-per-share (ttm) stands at $0.78. The company has a PEG of 0.19 and a Quick Ratio of 1.87 with the debt-to-equity ratio at 0.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.45% over the week and 1.89% over the month.
Earnings per share for the fiscal year are expected to increase by 150.66%, and 6.56% over the next financial year. EPS should grow at an annualized rate of 40.18% over the next five years, compared to -17.88% over the past 5-year period.
JP Morgan coverage for the Hello Group Inc ADR (MOMO) stock in a research note released on June 03, 2024 offered a Neutral rating with a price target of $6. Morgan Stanley was of a view on May 15, 2024 that the stock is Underweight, while UBS gave the stock Buy rating on April 28, 2023, issuing a price target of $4.80- $12.50. JP Morgan on their part issued Overweight rating on April 14, 2023.
