Hello Group (NASDAQ:MOMO - Get Free Report) is expected to announce its earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.60 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Hello Group Stock Up 0.3 %
Shares of NASDAQ:MOMO traded up $0.02 during trading on Friday, reaching $7.65. 688,983 shares of the company's stock traded hands, compared to its average volume of 962,225. Hello Group has a fifty-two week low of $4.79 and a fifty-two week high of $8.38. The firm has a market cap of $1.11 billion, a PE ratio of 7.89, a P/E/G ratio of 2.07 and a beta of 0.44. The company has a 50-day simple moving average of $7.39 and a 200-day simple moving average of $7.09.
Analyst Ratings Changes
Several research firms recently issued reports on MOMO. StockNews.com upgraded Hello Group from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Citigroup lifted their price objective on Hello Group from $5.90 to $7.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $8.25.
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Hello Group Company Profile
(
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Hello Group Inc provides mobile-based social and entertainment services in the People's Republic of China. It operates in three segments: Momo, Tantan, and QOOL. The company offers Momo, a mobile application that connects people and facilitates social interactions based on location, interests, and various online recreational activities, including live talent shows, short videos, social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke and user participated reality shows; Tantan, a social and dating application; and other applications under the Hertz, Soulchill, Duidui, and Tietie names.
Further Reading
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