Hello Group Inc ADR (NASDAQ: MOMO)’s stock price has gone rise by 2.26 in comparison to its previous close of 6.87, however, the company has experienced a 1.81% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-12-09 that Hello Group Inc. (NASDAQ:MOMO ) Q3 2024 Earnings Conference Call December 9, 2024 7:00 AM ET Company Participants Ashley Jing – IR Zhang Sichuan – COO Peng Hui – CFO Tang Yan – CEO Conference Call Participants Raphael Chen – BOCI Research Jenny Wang – UBS Thomas Chong – Jefferies Xueqing Zhang – CICC Operator Ladies and gentlemen, thank you for standing by and welcome to the Third Quarter 2024 Hello Group Inc Earnings Conference Call. All participants are in a listen-only mode.
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 7.34x compared to its average ratio. MOMO has 36-month beta value of 0.47. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for MOMO is 131.83M, and currently, short sellers hold a 3.20% ratio of that float. The average trading volume of MOMO on January 16, 2025 was 989.25K shares.
MOMO’s Market Performance
The stock of Hello Group Inc ADR (MOMO) has seen a 1.81% increase in the past week, with a -10.40% drop in the past month, and a 3.16% gain in the past quarter. The volatility ratio for the week is 2.81%, and the volatility levels for the past 30 days are at 3.30% for MOMO. The simple moving average for the past 20 days is -2.42% for MOMO’s stock, with a 7.57% simple moving average for the past 200 days.
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 -0.18% 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 -14.22% of loss for the given period.
Volatility was left at 3.30%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares sank -5.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.06% lower at present.
During the last 5 trading sessions, MOMO rose by +1.81%, which changed the moving average for the period of 200-days by +11.51% in comparison to the 20-day moving average, which settled at $7.20. In addition, Hello Group Inc ADR saw -8.88% 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 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:
- 0.17 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 0.16. Equity return is now at value 11.25, with 7.54 for asset returns.
Based on Hello Group Inc ADR (MOMO), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 17.02.
Currently, EBITDA for the company is 2.79 billion with net debt to EBITDA at 0.6. When we switch over and look at the enterprise to sales, we see a ratio of 0.92. The receivables turnover for the company is 58.64for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
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.
