Hello Group Stock: Seems Cheap, But Lacks Growth Opportunities [Seeking Alpha]
Hello Group Inc. - American Depositary Shares (MOMO)
Last hello group inc. - american depositary shares earnings: 3/19 05:10 am
Check Earnings Report
US:NASDAQ Investor Relations:
nasdaq.com/symbol/momo
Company Research
Source: Seeking Alpha
Both MOMO and Tantan apps are losing users, with Tantan being a loss-making acquisition. Cutting marketing expenses has led to a decline in revenues, and capital allocation and corporate governance issues are a concern. Investments thesis Hello Group ( NASDAQ: MOMO ) is a Chinese social media platform that enables users to interact with each other using mobile applications. Hello Group consists of two main applications, namely: MOMO and Tantan. Additionally, several other niche applications such as Hertz, SoulChill, Duidui, and Tietie were developed to target specific demographics In China and abroad. When I wrote about Hello Group in March 2023 , I believed that MOMO's low relative valuation should provide an attractive risk/reward ratio to lift up MOMO's shares. Furthermore, I have assumed that the management of the company will be able to accomplish a successful turnaround and return to growth in users and revenues. In mid-March 2024, the company reported results for FY2023,
Show less
Read more
Impact Snapshot
Event Time:
MOMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MOMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MOMO alerts
High impacting Hello Group Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
MOMO
News
- Hello Group Files Annual Report on Form 20-F for Fiscal Year 2023PR Newswire
- Hello Group (NASDAQ:MOMO) Has More To Do To Multiply In Value Going Forward [Yahoo! Finance]Yahoo! Finance
- Apple CEO visits Hello Group Inc. and is impressed with inSpaze on Apple Vision Pro [Yahoo! Finance]Yahoo! Finance
- Apple CEO visits Hello Group Inc. and is impressed with inSpaze on Apple Vision ProPR Newswire
- Hello Group Inc. (NASDAQ: MOMO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
MOMO
Earnings
- 3/14/24 - Beat
MOMO
Sec Filings
- 4/26/24 - Form 20-F
- 4/15/24 - Form 6-K
- 4/8/24 - Form 6-K
- MOMO's page on the SEC website