A share price of Hello Group Inc ADR [MOMO] is currently trading at $7.56, up 7.08%. 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 gain 24.55% over the last week, with a monthly amount glided 27.27%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hello Group Inc ADR [NASDAQ: MOMO] stock has seen the most recent analyst activity on November 06, 2024, when BofA Securities downgraded its rating to a Underperform. Previously, JP Morgan downgraded its rating to Neutral on June 03, 2024, and dropped its price target to $6. On May 15, 2024, downgrade downgraded it’s rating to Underweight. UBS upgraded its rating to a Buy and increased its price target to $12.50 on April 28, 2023. JP Morgan upgraded its rating to a Overweight and raised its price target to $13 on April 14, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on February 16, 2023, and upped its price target to $12. In a note dated December 09, 2022, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $5 to $9.
Hello Group Inc ADR experienced fluctuations in its stock price throughout the past year between $5.05 and $7.93. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Hello Group Inc ADR [NASDAQ: MOMO] shares were valued at $7.56 at the most recent close of the market. An investor can expect a potential drop of -20.63% based on the average MOMO price forecast.
Analyzing the MOMO fundamentals
Trailing Twelve Months sales for Hello Group Inc ADR [NASDAQ:MOMO] were 1.46B which represents -2.74% decline. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
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 7.19 points at the first support level, and at 6.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.75, and for the 2nd resistance point, it is at 7.94.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hello Group Inc ADR [NASDAQ:MOMO] is 2.06. Also, the Quick Ratio is 2.06, while the Cash Ratio stands at 0.64. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 0.78 and price to earnings (TTM) ratio is 7.10.
Transactions by insiders
Recent insider trading involved Tang Yan, Officer, that happened on Mar 25 ’25 when 0.2 million shares were purchased. Director, Zhang Sichuan completed a deal on Mar 25 ’25 to buy 0.18 million shares. Meanwhile, Officer LI WANG bought 0.23 million shares on Sep 26 ’24.
