Hello Group Inc ADR (MOMO) stock poised to deliver a potential return of 65.14%

Hello Group Inc ADR [MOMO] stock is trading at $5.45, up 2.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MOMO shares have lost -0.81% over the last week, with a monthly amount glided 0.36%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Hello Group Inc ADR [NASDAQ: MOMO] stock has seen the most recent analyst activity on April 28, 2023, when UBS upgraded its rating to a Buy and also boosted its price target to $12.50 from $4.80. Previously, JP Morgan upgraded its rating to Overweight on April 14, 2023, and elevated its price target to $13. On February 16, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $12 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $9 on December 09, 2022. JP Morgan downgraded its rating to a Neutral but $7 remained the price target by the analyst firm on March 14, 2022. Citigroup downgraded its rating to Neutral for this stock on December 01, 2021, and downed its price target to $13.60. In a note dated September 20, 2021, Morgan Stanley upgraded an Equal-Weight rating on this stock but restated the target price of $13.

Hello Group Inc ADR [MOMO] stock has fluctuated between $5.09 and $10.13 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Hello Group Inc ADR [NASDAQ: MOMO] shares were valued at $5.45 at the most recent close of the market. An investor can expect a potential return of 65.14% based on the average MOMO price forecast.

Analyzing the MOMO fundamentals

Hello Group Inc ADR [NASDAQ:MOMO] reported sales of 1.69B for the trailing twelve months, which represents a drop of -7.98%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.17 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.35 points at the first support level, and at 5.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.54, and for the 2nd resistance point, it is at 5.63.

Ratios To Look Out For

For context, Hello Group Inc ADR’s Current Ratio is 3.74. Also, the Quick Ratio is 3.72, while the Cash Ratio stands at 2.29. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 0.65 and price to earnings (TTM) ratio is 3.97.

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