The stock of Hello Group Inc ADR (MOMO) has seen a -7.31% decrease in the past week, with a -2.18% drop in the past month, and a -2.33% decrease in the past quarter. The volatility ratio for the week is 3.85%, and the volatility levels for the past 30 days are at 3.38% for MOMO. The simple moving average for the last 20 days is -3.50% for MOMO stock, with a simple moving average of 7.12% for the last 200 days.
Is It Worth Investing in Hello Group Inc ADR (NASDAQ: MOMO) Right Now?
Hello Group Inc ADR (NASDAQ: MOMO) has a higher price-to-earnings ratio of 6.77x compared to its average ratio. MOMO has 36-month beta value of 0.51. Analysts have mixed views on the stock, with 10 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for MOMO is 136.04M, and currently, short sellers hold a 3.13% ratio of that float. The average trading volume of MOMO on November 15, 2024 was 1.28M shares.
MOMO) stock’s latest price update
Hello Group Inc ADR (NASDAQ: MOMO)’s stock price has plunge by 0.30relation to previous closing price of 6.70. Nevertheless, the company has seen a -7.31% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-11 that BEIJING, Nov. 11, 2024 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO) (the “Company”), a leading player in mainland China’s online social networking space, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 before U.S. markets open on Monday, December 9, 2024. Hello Group’s management will host an earnings conference call on Monday, December 9, 2024, at 7:00 a.m.
Analysts’ Opinion of MOMO
JP Morgan, on the other hand, stated in their research note that they expect to see MOMO reach a price target of $6, previously predicting the price at $13. The rating they have provided for MOMO stocks is “Neutral” according to the report published on June 03rd, 2024.
MOMO Trading at -3.45% 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 -17.95% of loss for the given period.
Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 3.85%, as shares surge +3.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.67% upper at present.
During the last 5 trading sessions, MOMO fell by -7.31%, which changed the moving average for the period of 200-days by +14.48% in comparison to the 20-day moving average, which settled at $6.96. In addition, Hello Group Inc ADR saw 6.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MOMO starting from LI WANG, who proposed sale 226,013 shares at the price of $7.14 back on Sep 26 ’24. After this action, LI WANG now owns shares of Hello Group Inc ADR, valued at $1,613,575 using the latest closing price.
LI WANG, the Officer of Hello Group Inc ADR, proposed sale 130,827 shares at $7.03 during a trade that took place back on Sep 25 ’24, which means that LI WANG is holding shares at $919,243 based on the most recent closing price.
Stock Fundamentals for MOMO
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.41 for the gross margin
The net margin for Hello Group Inc ADR stands at 0.12. The total capital return value is set at 0.15. Equity return is now at value 12.48, with 8.46 for asset returns.
Based on Hello Group Inc ADR (MOMO), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 21.96.
Currently, EBITDA for the company is 2.38 billion with net debt to EBITDA at -0.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 61.12for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.55.
Conclusion
To put it simply, Hello Group Inc ADR (MOMO) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
