Hello Group Inc. (MOMO) is priced at $9.32 after the most recent trading session. At the very opening of the session, the stock price was $9.79 and reached a high price of $9.94, prior to closing the session it reached the value of $9.62. The stock touched a low price of $9.47.Recently in News on November 30, 2021, Hello Group Inc. Announces Unaudited Financial Results for the Third Quarter of 2021. Hello Group Inc. (NASDAQ: MOMO) (“Hello Group” or the “Company”), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the third quarter of 2021. You can read further details here
Hello Group Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.94 on 01/12/22, with the lowest value was $8.66 for the same time period, recorded on 01/05/22.
Hello Group Inc. (MOMO) full year performance was -37.76%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Hello Group Inc. shares are logging -53.70% during the 52-week period from high price, and 14.14% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.17 and $20.14.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 715139 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Hello Group Inc. (MOMO) recorded performance in the market was 7.13%, having the revenues showcasing -22.11% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.87B, as it employees total of 2394 workers.
The Analysts eye on Hello Group Inc. (MOMO)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.42, with a change in the price was noted -2.81. In a similar fashion, Hello Group Inc. posted a movement of -23.18% for the period of last 100 days, recording 2,601,763 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MOMO is recording 0.31 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.31.
Technical rundown of Hello Group Inc. (MOMO)
Raw Stochastic average of Hello Group Inc. in the period of last 50 days is set at 19.57%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 64.41%. In the last 20 days, the company’s Stochastic %K was 78.36% and its Stochastic %D was recorded 71.43%.
Considering, the past performance of Hello Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 7.13%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -30.34%, alongside a downfall of -37.76% for the period of the last 12 months. The shares increased approximately by 10.57% in the 7-day charts and went up by 2.01% in the period of the last 30 days. Common stock shares were lifted by -22.11% during last recorded quarter.