Yalla Group Limited (YALA) turns bearish with loss of -2.72 points

Yalla Group Limited (NYSE: YALA) is 61.62% higher on its value in year-to-date trading and has touched a low of $6.26 and a high of $27.47 in the current 52-week trading range. The YALA stock was last observed hovering at around $25.88 in the last trading session, with the day’s loss setting it -2.72% off its average median price target of $11.00 for the next 12 months. It is also -65.43% off the consensus price target high of $14.00 offered by 4 analysts, but current levels are -189.5% lower than the price target low of $8.00 for the same period.

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Currently trading at $23.16, the stock is 33.09% and 48.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.58 million and changing -10.51% at the moment leaves the stock 79.80% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $17.66 and a 200-day simple moving average (SMA200) of $12.88.

The stock witnessed a 36.16% In the last 1 month and extending the period to 3 months gives it a 184.17%, and is 24.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.51% over the week and 12.94% over the month.

Yalla Group Limited (YALA) has around 274 employees, a market worth around $3.21B and $105.90M in sales. Fwd P/E is 38.60. Profit margin for the company is -3.60%. Distance from 52-week low is 269.97% and -15.69% from its 52-week high. The company has generated returns on investments over the last 12 months (143.30%).

Yalla Group Limited (YALA) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Yalla Group Limited (YALA) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.70, where 2 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Yalla Group Limited is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $40.11M over the same period.The EPS is expected to grow by 397.10% this year.

Yalla Group Limited (YALA) Top Institutional Holders

23 institutions hold shares in Yalla Group Limited (YALA), with institutional investors hold 12.10% of the company’s shares. The shares outstanding are 143.23M, and float is at 18.60M with Short Float at 14.31%. Institutions hold 12.10% of the Float.

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