MOMO Stock Summary and Trading Ideas (Hello Group - American Depositary Shares | NASDAQ:MOMO)

Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.

Hello Group - American Depositary Shares trades on the NASDAQ stock market under the symbol MOMO.

As of January 29, 2025, MOMO stock price declined to $7.17 with 618,271 million shares trading.

MOMO has a beta of 0.52, meaning it tends to be less sensitive to market movements. MOMO has a correlation of 0.02 to the broad based SPY ETF.

MOMO has a market cap of $1.23 billion. This is considered a Small Cap stock.

Last quarter Hello Group - American Depositary Shares reported $381 million in Revenue and $.38 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.11.

In the last 3 years, MOMO traded as high as $11.54 and as low as $4.10.

The top ETF exchange traded funds that MOMO belongs to (by Net Assets): VXUS, VWO, IEMG, AVEM, KOMP.

MOMO has outperformed the market in the last year with a price return of +27.4% while the SPY ETF gained +24.9%. However, in the short term, MOMO had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.3% vs +4.0% return in SPY. But in the last 2 weeks, MOMO shares have fared better than the market returning +5.8% compared to SPY +3.4%.

MOMO support price is $7.23 and resistance is $7.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MOMO shares will trade within this expected range on the day.