Yalla Group Limited [YALA] moved down -7.18: Why It’s Important

Yalla Group Limited [NYSE: YALA] closed the trading session at $22.61 on 04/28/21. The day’s price range saw the stock hit a low of $22.5618, while the highest price level was $24.2798. The company report on April 28, 2021 that Yalla Group Limited to Report First Quarter 2021 Financial Results on May 10, 2021 Eastern Time.

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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 will report its unaudited financial results for the first quarter of 2021 after the U.S. market closes on Monday, May 10, 2021.

Yalla Group Limited will hold a conference call on Monday, May 10, 2021, at 8:00 P.M. Eastern Time or 8:00 A.M. Beijing Time on Tuesday, May 11, 2021, to discuss the financial results. Listeners may access the call by dialing the following numbers:.

The stocks have a year to date performance of 57.78 percent and weekly performance of -1.78 percent. The stock has been moved at 177.42 percent over the last six months. The stock has performed 2.82 percent around the most recent 30 days and changed -2.37 percent over the most recent 3-months.

If compared to the average trading volume of 2.44M shares, YALA reached to a volume of 1997978 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 $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 2.22, with the Price to Sales ratio for YALA stock in the period of the last 12 months amounting to 22.27. The Price to Book ratio for the last quarter was 14.13, with the Price to Cash per share for the same quarter was set at 1.79.

YALA stock trade performance evaluation

Yalla Group Limited [YALA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.78. With this latest performance, YALA shares gained by 2.82% in over the last four-week period, additionally plugging by 177.42% 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 46.21, with the RSI for the last a single of trading hit 43.99, and the three-weeks RSI is set at 47.55 for Yalla Group Limited [YALA]. The present Moving Average for the last 50 days of trading for this stock 23.90, while it was recorded at 23.91 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 +2.79 and a Gross Margin at +54.59. Yalla Group Limited’s Net Margin is presently recorded at +2.38.

Return on Total Capital for YALA is now 2.69, given the latest momentum, and Return on Invested Capital for the company is 2.30. Return on Equity for this stock inclined to 2.30, with Return on Assets sitting at 2.08.

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.

Earnings per share (EPS) analysis for Yalla Group Limited [YALA] stock

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 Ownership positions

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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 24 institutional holders increased their position in Yalla Group Limited [NYSE:YALA] by around 1,687,694 shares. Additionally, 18 investors decreased positions by around 12,577,781 shares, while 2 investors held positions by with 12,096,608 shares. The mentioned changes placed institutional holdings at 2,168,867 shares, according to the latest SEC report filing. YALA stock had 24 new institutional investments in for a total of 1,687,694 shares, while 16 institutional investors sold positions of 3,104,808 shares during the same period.

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