Match Group Holdings II, LLC (NASDAQ:MTCH) went down by -0.68% from its latest closing price compared to the recent 1-year high of $123.00. The company’s stock price has collected 1.99% of gains in the last five trading sessions.
Is It Worth Investing in Match Group Holdings II, LLC (NASDAQ :MTCH) Right Now?
Match Group Holdings II, LLC (NASDAQ:MTCH) scored a price-to-earnings ratio above its average ratio, recording 49.54 x from its present earnings ratio. Opinions of the stock are interesting as 10 analysts out of 19 who provided ratings for Match Group Holdings II, LLC declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $127.71, which is $18.16 above the current price. MTCH currently public float of 73.46M and currently shorts hold a 15.21% ratio of that float. Today, the average trading volume of MTCH was 3.70M shares.
MTCH’s Market Performance
MTCH stocks went up by 1.99% for the week, with a monthly drop of -6.64% and a quarterly performance of 9.53%, while its annual performance rate touched 35.88%. The volatility ratio for the week stands at 3.44% while the volatility levels for the past 30 days are set at 3.72% for Match Group Holdings II, LLC. The simple moving average for the period of the last 20 days is -2.34% for MTCH stocks with a simple moving average of 25.94% for the last 200 days.
Analysts’ Opinion of MTCH
Many brokerage firms have already submitted their reports for MTCH stocks, with KeyBanc Capital Markets repeating the rating for MTCH by listing it as a “Overweight.” The predicted price for MTCH in the upcoming period, according to KeyBanc Capital Markets is $138 based on the research report published on September 15th of the current year 2020.
Goldman, on the other hand, stated in their research note that they expect to see MTCH reach a price target of $86. The rating they have provided for MTCH stocks is “Neutral” according to the report published on July 8th, 2020.
JP Morgan gave a rating of “Neutral” to MTCH, setting the target price at $100 in the report published on July 7th of the current year.
MTCH Trading at 1.16% from the 50-Day Moving Average
After a stumble in the market that brought MTCH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.55% of loss for the given period.
Volatility was left at 3.72%, however, over the last 30 days, the volatility rate increased by 3.44%, as shares sank -5.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.18% upper at present.
During the last 5 trading sessions, MTCH rose by +1.99%, in comparison to the 20-day moving average, which settled at $109.81. In addition, Match Group Holdings II, LLC saw 31.00% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MTCH starting from Schiffman Glenn, who sold 50,000 shares at the price of $110.38 back on Sep 16. After this action, Schiffman Glenn now owns 9,898 shares of Match Group Holdings II, LLC, valued at $5,518,750 using the latest closing price.
Schiffman Glenn, the Director of Match Group Holdings II, LLC, sold 50,000 shares at $110.07 during a trade that took place back on Sep 15, which means that Schiffman Glenn is holding 9,898 shares at $5,503,544 based on the most recent closing price.
Stock Fundamentals for MTCH
Equity return is now at value 31.90, with 3.50 for asset returns.