Market Analysts see Yalla Group Limited [YALA] gaining to $28. Time to buy?

Yalla Group Limited [NYSE: YALA] loss -6.73% on the last trading session, reaching $22.85 price per share at the time. The company report on April 2, 2021 that Yalla Group Limited Files 2020 Annual Report on Forms 20-F.

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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 has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the “SEC”) on April 2, 2021, U. S. Eastern Time.

The annual report can be accessed on Yalla’s investor relations website at http://ir.yallatech.ae/ and on the SEC’s website at www.sec.gov. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request.

Yalla Group Limited represents 146.03 million in outstanding shares, while the company has a total market value of $3.53 billion with the latest information. YALA stock price has been found in the range of $22.38 to $24.48.

If compared to the average trading volume of 2.78M shares, YALA reached a trading volume of 1180527 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $27.67 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 2.72, with the Price to Sales ratio for YALA stock in the period of the last 12 months amounting to 26.14. The Price to Book ratio for the last quarter was 14.28, with the Price to Cash per share for the same quarter was set at 1.54.

Trading performance analysis for YALA stock

Yalla Group Limited [YALA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.84. With this latest performance, YALA shares gained by 15.64% in over the last four-week period, additionally plugging by 182.80% over the last 6 months.

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 46.50, with the RSI for the last a single of trading hit 44.24, and the three-weeks RSI is set at 47.90 for Yalla Group Limited [YALA]. The present Moving Average for the last 50 days of trading for this stock 26.27, while it was recorded at 24.29 for the last single week of trading.

Yalla Group Limited [YALA]: A deeper dive into fundamental analysis

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.

Yalla Group Limited [YALA]: An earnings per share (EPS) analysis

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%.

An analysis of insider ownership at Yalla Group Limited [YALA]

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Positions in Yalla Group Limited stocks held by institutional investors increased at the end of June and at the time of the June 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.

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