In the past week, MTCH stock has gone up by 6.68%, with a monthly decline of -12.53% and a quarterly plunge of -12.24%. The volatility ratio for the week is 2.27%, and the volatility levels for the last 30 days are 2.96% for Match Group Inc The simple moving average for the past 20 days is -1.45% for MTCH’s stock, with a -4.47% simple moving average for the past 200 days.
Is It Worth Investing in Match Group Inc (NASDAQ: MTCH) Right Now?
The price-to-earnings ratio for Match Group Inc (NASDAQ: MTCH) is above average at 14.52x. The 36-month beta value for MTCH is also noteworthy at 1.29. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 5 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MTCH is 249.51M, and at present, short sellers hold a 5.67% of that float. The average trading volume of MTCH on November 25, 2024 was 4.23M shares.
MTCH) stock’s latest price update
Match Group Inc (NASDAQ: MTCH) has seen a rise in its stock price by 3.25 in relation to its previous close of 31.52. However, the company has experienced a 6.68% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-11-25 that NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Match Group, Inc. (“Match Group, Inc.”) (NASDAQ:MTCH) concerning possible violations of federal securities laws. On November 7, 2024, Investopedia published an article entitled “Match Group Stock Slips as Fourth Quarter Outlook Disappoints.
Analysts’ Opinion of MTCH
HSBC Securities, on the other hand, stated in their research note that they expect to see MTCH reach a price target of $43.20. The rating they have provided for MTCH stocks is “Buy” according to the report published on August 05th, 2024.
Wolfe Research gave a rating of “Outperform” to MTCH, setting the target price at $36 in the report published on July 16th of the current year.
MTCH Trading at -8.65% 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 -23.28% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares sank -12.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.52% lower at present.
During the last 5 trading sessions, MTCH rose by +6.64%, which changed the moving average for the period of 200-days by -8.15% in comparison to the 20-day moving average, which settled at $33.03. In addition, Match Group Inc saw -10.83% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTCH starting from Sine Jared F., who sale 500 shares at the price of $36.05 back on Mar 01 ’24. After this action, Sine Jared F. now owns 54,009 shares of Match Group Inc, valued at $18,025 using the latest closing price.
Sine Jared F., the Chief Bus. Affairs & Leg. Off. of Match Group Inc, sale 500 shares at $38.76 during a trade that took place back on Feb 01 ’24, which means that Sine Jared F. is holding 29,352 shares at $19,380 based on the most recent closing price.
Stock Fundamentals for MTCH
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.7 for the gross margin
The net margin for Match Group Inc stands at 0.18. The total capital return value is set at 0.22.
Based on Match Group Inc (MTCH), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at -43.46. The interest coverage ratio of the stock is 5.35.
Currently, EBITDA for the company is 1.05 billion with net debt to EBITDA at 3.24. When we switch over and look at the enterprise to sales, we see a ratio of 3.2. The receivables turnover for the company is 10.25for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
In summary, Match Group Inc (MTCH) has had a mixed performance as of late. Analysts have mixed 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.
