Hello Group Inc ADR’s (MOMO) Stock: A Week-by-Week Analysis

The stock of Hello Group Inc ADR (MOMO) has seen a 1.51% increase in the past week, with a 1.97% gain in the past month, and a 10.87% flourish in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 3.66% for MOMO. The simple moving average for the past 20 days is 1.06% for MOMO’s stock, with a 11.97% simple moving average for the past 200 days.

Is It Worth Investing in Hello Group Inc ADR (NASDAQ: MOMO) Right Now?

The price-to-earnings ratio for Hello Group Inc ADR (NASDAQ: MOMO) is above average at 6.13x. The 36-month beta value for MOMO is also noteworthy at 0.50. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 5 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for MOMO is 144.79M, and at present, short sellers hold a 2.81% of that float. The average trading volume of MOMO on August 09, 2024 was 1.66M shares.

MOMO) stock’s latest price update

Hello Group Inc ADR (NASDAQ: MOMO)’s stock price has increased by 0.15 compared to its previous closing price of 6.72. However, the company has seen a 1.51% increase in its stock price over the last five trading sessions. benzinga.com reported 2024-06-18 that To gain an edge, this is what you need to know today.

Analysts’ Opinion of MOMO

Many brokerage firms have already submitted their reports for MOMO stocks, with JP Morgan repeating the rating for MOMO by listing it as a “Neutral.” The predicted price for MOMO in the upcoming period, according to JP Morgan is $6 based on the research report published on June 03, 2024 of the current year 2024.

UBS gave a rating of “Buy” to MOMO, setting the target price at $12.50 in the report published on April 28th of the previous year.

MOMO Trading at 8.99% from the 50-Day Moving Average

After a stumble in the market that brought MOMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.65% of loss for the given period.

Volatility was left at 3.66%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +0.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.05% upper at present.

During the last 5 trading sessions, MOMO rose by +1.51%, which changed the moving average for the period of 200-days by -0.15% in comparison to the 20-day moving average, which settled at $6.66. In addition, Hello Group Inc ADR saw 6.27% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for MOMO

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.42 for the gross margin

The net margin for Hello Group Inc ADR stands at 0.13. The total capital return value is set at 0.17. Equity return is now at value 14.25, with 9.09 for asset returns.

Based on Hello Group Inc ADR (MOMO), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 30.85.

Currently, EBITDA for the company is 2.79 billion with net debt to EBITDA at -0.85. When we switch over and look at the enterprise to sales, we see a ratio of 0.56. The receivables turnover for the company is 61.95for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.36.

Conclusion

In summary, Hello Group Inc ADR (MOMO) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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