Less Than Two Hours Before The Market Open, Momo Is Down By 4%

(VIANEWS) – The NASDAQ opens in less than two hours and Momo‘s pre-market value is already 4.52% down.

Momo’s last close was $8.40, 27.21% under its 52-week high of $11.54.

The last session, NASDAQ ended with Momo (MOMO) dropping 3.56% to $8.40. NASDAQ rose 0.05% to $11,434.05, after three consecutive sessions in a row of gains, on what was a somewhat up trend exchanging session.

About Momo

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China. It operates Momo platform that includes its Momo mobile application, as well as various related properties, features, functionalities, tools, and services. The company's Momo mobile application connects people and facilitates interactions based on location and interests; and various recreational activities, including live talent shows, short videos, and social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke, and user participated reality shows. It also operates Tantan, a social and dating application, which enables users to find and establish romantic connections, and meet interesting people; and provides live video, quick chat, value-added, mobile marketing, and other services, as well as mobile games and audio chatrooms. In addition, it allows its platform's users to livestream a variety of content and activities that comprise talent shows, such as singing, dancing, and talk shows, as well as casual chatting, and other forms of interactions between broadcasters and viewers. The company was formerly known as Momo Inc. and changed its name to Hello Group Inc. in August 2021. Hello Group Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

Earnings Per Share

As for profitability, Momo has a trailing twelve months EPS of $1.49.

PE Ratio

Momo has a trailing twelve months price to earnings ratio of 5.63. Meaning, the purchaser of the share is investing $5.63 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -24.97%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14%, now sitting on 13.17B for the twelve trailing months.


Today’s last reported volume for Momo is 2338491 which is 19.75% above its average volume of 1822990.

More news about Momo (MOMO).

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