Hello Group Inc ADR (MOMO) saw an uptrend of 1568915% in the recent trading with $1270000.0 being its most recent. The current price level 0.23% lower than the highest price of $8.73 marked by the stock while trading over the past 52-weeks, whereas it is 73.42% higher than the lowest price of $5.05 the company dropped to over past 52-weeks. The latest news story on MOMO appeared in (TipRanks) under the title “Morning Movers: Brown-Forman plummets following fourth quarter results” on Jun-06-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.67 for the stock.
Hello Group Inc ADR Earnings – What Happened With MOMO
Coming around sales and income figures on MOMO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Hello Group Inc ADR – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 120.49 million. MOMO does have institutional investors; and they hold 74.19% of the stock.
As on 2024-06-30, RENAISSANCE TECHNOLOGIES LLC was the top most holder in Hello Group Inc ADR (NASDAQ:MOMO) with an ownership of 8.66 million shares of the company or 2.3904 of the stake worth $53.02 million. The filing also reveals GOLDMAN SACHS GROUP INC as the second largest holder in the company with a control over 2.2559 of the outstanding shares. Its stake is worth $50.03 million for having 8.18 million shares in hand.
ACADIAN ASSET MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 1.989 of the outstanding shares. With this there are now 205.0 institutions which have possession in MOMO’s shares.
Key Metrics forMOMO
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Hello Group Inc ADR has a debt to equity ratio of 0.25.
Technical Analysis of Hello Group Inc ADR (NASDAQ:MOMO) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Hello Group Inc ADR (MOMO), we notice that the stock’s 20-day average volume is at 1,855,250 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,243,844 shares. And to end, MOMO’s 100-day average volume is 1,320,206 shares with 50% of the long-term indicators pointing towards Buy for the stock.
