Less Than One Hour Before The Market Open, Momo Is Down By 19%

(VIANEWS) – The NASDAQ opens in less than one hour and Momo‘s pre-market value is already 19.04% down.

Momo’s last close was $7.67, 31.03% under its 52-week high of $11.12.

The last session, NASDAQ ended with Momo (MOMO) rising 2.95% to $7.67. NASDAQ dropped 0.54% to $16,177.77, following the last session’s downward trend on what was a somewhat negative trend exchanging session.

About Momo

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China. 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. The company also provides livestream services for various content and activities comprising talent shows, such as singing, dancing, and talk shows, as well as casual chatting, and other forms of interactions between broadcasters and viewers to its platform's users; value-added services; advertising and marketing services; and mobile games. 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 $1.34.

PE Ratio

Momo has a trailing twelve months price to earnings ratio of 5.72. Meaning, the purchaser of the share is investing $5.72 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 17%.


Today’s last reported volume for Momo is 2784540 which is 70.48% above its average volume of 1628200.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.9%, now sitting on 12.21B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 2.9% and positive 6.1% for the next.

More news about Momo (MOMO).

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