Yalla Group Limited [NYSE: YALA] closed the trading session at $23.29 on 03/11/21. The day’s price range saw the stock hit a low of $20.874, while the highest price level was $23.45. The company report on March 2, 2021 that Yalla Group Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 15, 2021 Eastern Time.
Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), announced that it will report its unaudited financial results for the fourth quarter and full year 2020 before the U.S. market open on Monday, March 15, 2021.
Yalla Group Limited will hold a conference call on Monday, March 15, 2021, at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time on the same day, to discuss the financial results. Listeners may access the call by dialing the following numbers:.
The stocks have a year to date performance of 62.53 percent and weekly performance of 13.50 percent. The stock has performed -31.90 percent around the most recent 30 days and changed 17.21 percent over the most recent 3-months.
If compared to the average trading volume of 2.55M shares, YALA reached to a volume of 3596998 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Yalla Group Limited [YALA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YALA shares is $11.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YALA stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Yalla Group Limited shares, keeping their opinion on the stock as Perform, with their previous recommendation back on December 11, 2020. The new note on the price target was released on October 26, 2020, representing the official price target for Yalla Group Limited stock.
The Average True Range (ATR) for Yalla Group Limited is set at 3.76, with the Price to Sales ratio for YALA stock in the period of the last 12 months amounting to 33.09. The Price to Book ratio for the last quarter was 16.29, with the Price to Cash per share for the same quarter was set at 0.51.
YALA stock trade performance evaluation
Yalla Group Limited [YALA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.50.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YALA stock in for the last two-week period is set at 48.38, with the RSI for the last a single of trading hit 49.66, and the three-weeks RSI is set at 49.29 for Yalla Group Limited [YALA]. The present Moving Average for the last 50 days of trading for this stock 23.61, while it was recorded at 20.03 for the last single week of trading.
Yalla Group Limited [YALA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Yalla Group Limited [YALA] shares currently have an operating margin of +45.60 and a Gross Margin at +67.61. Yalla Group Limited’s Net Margin is presently recorded at +45.58.
Return on Total Capital for YALA is now 92.37, given the latest momentum, and Return on Invested Capital for the company is 92.32. Return on Equity for this stock inclined to 92.32, with Return on Assets sitting at 76.67.
Yalla Group Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.70 and a Current Ratio set at 11.70.
Yalla Group Limited [YALA]: Insider Ownership positions
Positions in Yalla Group Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 21 institutional holders increased their position in Yalla Group Limited [NYSE:YALA] by around 1,608,729 shares. Additionally, 19 investors decreased positions by around 12,578,281 shares, while 2 investors held positions by with 12,097,108 shares. The mentioned changes placed institutional holdings at 2,089,902 shares, according to the latest SEC report filing. YALA stock had 21 new institutional investments in for a total of 1,608,729 shares, while 17 institutional investors sold positions of 3,105,308 shares during the same period.