Yalla Group Limited [NYSE: YALA] price plunged by -12.68 percent to reach at -$3.36. The company report on March 15, 2021 that Yalla Group Limited – ADR to Host Earnings Call.
Yalla Group Limited – ADR (NYSE:YALA) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 15, 2021 at 8:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/75276.
A sum of 3946014 shares traded at recent session while its average daily volume was at 2.74M shares. Yalla Group Limited shares reached a high of $26.4581 and dropped to a low of $22.25 until finishing in the latest session at $23.13.
The one-year YALA stock forecast points to a potential downside of -2.03. The average equity rating for YALA stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $22.67 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 2.00. 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 Outperform, with their previous recommendation back on March 12, 2021. The new note on the price target was released on March 12, 2021, representing the official price target for Yalla Group Limited stock.
The Average True Range (ATR) for Yalla Group Limited is set at 3.90, with the Price to Sales ratio for YALA stock in the period of the last 12 months amounting to 29.35.
YALA Stock Performance Analysis:
Yalla Group Limited [YALA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.81.
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 46.54, with the RSI for the last a single of trading hit 44.47, and the three-weeks RSI is set at 48.13 for Yalla Group Limited [YALA]. The present Moving Average for the last 50 days of trading for this stock 25.30, while it was recorded at 26.31 for the last single week of trading.
Insight into Yalla Group Limited 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 12.00 and a Current Ratio set at 12.00.
YALA Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for YALA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Yalla Group Limited go to 55.00%.
Yalla Group Limited [YALA] Insider Position Details
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.