Momo Inc. (NASDAQ:MOMO) traded with the volume of 2.06 Million Yesterday. The Stock Opened its session at $24.33 and closed at $23.6 by showing an decrease of -3.32 percent. Momo Inc. has 1 year price target of 27.67. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 15 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Momo Inc. (NASDAQ:MOMO) reported its EPS in the last quarter as $0.12/Share beating the analyst estimate of $0.08/Share by the difference of $0.04. This showed the surprise of 50% in the last quarter earnings. For the Current Quarter, 2 analyst are projecting the mean EPS to be $0.17/share. According to their observations and findings, the stock could provide a high EPS of $0.19/share and a Low EPS of $0.15/share.
The 3 analysts offering 12-month price forecasts for Momo Inc have a median target of 28.00, with a high estimate of 29.00 and a low estimate of 26.00. The median estimate represents a +18.64% increase from the last price of 23.60. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Momo Inc. where they believe that the company has the potential to earn average revenue of $130.5 Million for the current quarter. According to their predictions High & Low revenue estimates are 130.5 Million and 130.5 Million respectively.
Momo Inc. (NASDAQ:MOMO) topped its 52-week high price of $26.24 on Oct 5, 2016 and 52-Week Low Price of $6.72 on Feb 11, 2016. The Stock currently has the market capitalization of $4.69 Million, P/E (price to earnings ttm) of 171.01 and Weekly volatility of 7.75%% and monthly volatility of 7.16%% respectively.
Momo Inc. Gross Margin percentage stands at 64.4% while its Operating Margin for trailing twelve month is 8.7 percent and Profit margin (ttm) is 12.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 16.83% with the 50-Day Simple Moving Average of 16.83 percent. Currently, the company has SMA200 (200-day simple moving average) of 60.7 Percent. The Stock has YTD (year to date) performance of 47.32 percent.
Many research firms have provided their ratings on Momo Inc. (NASDAQ:MOMO) where Credit Suisse provided Outperformrating on the stock on 14-Sep-16. Other firms include Morgan Stanley giving Equal-Weight rating on 6-Sep-16.
Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China.