(VIANEWS) – Shares of Momo (NASDAQ: MOMO) rose by a staggering 15.68% in 5 sessions from $7.97 at 15.68, to $9.22 at 12:08 EST on Tuesday, after four sequential sessions in a row of gains. NASDAQ is jumping 0.17% to $12,386.53, following the last session’s upward trend.
Momo’s last close was $9.57, 17.07% below its 52-week high of $11.54.
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 $1.12.
PE Ratio
Momo has a trailing twelve months price to earnings ratio of 8.23. Meaning, the purchaser of the share is investing $8.23 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 13.76%.
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