Yalla Group Limited (NYSE: YALA) is -33.83% lower on its value in year-to-date trading and has touched a low of $3.10 and a high of $13.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YALA stock was last observed hovering at around $4.56 in the last trading session, with the day’s loss setting it -0.12% off its average median price target of $4.85 for the next 12 months. It is also 11.2% off the consensus price target high of $5.00 offered by 2 analysts, but current levels are 5.53% higher than the price target low of $4.70 for the same period.
Currently trading at $4.44, the stock is 4.21% and 12.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing -2.63% at the moment leaves the stock -18.44% off its SMA200. YALA registered -66.87% loss for a year compared to 6-month loss of -22.65%.
The stock witnessed a 13.55% gain in the last 1 month and extending the period to 3 months gives it a 20.33%, and is -6.33% down 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 4.90% over the week and 5.48% over the month.
Yalla Group Limited (YALA) has around 629 employees, a market worth around $685.85M and $277.80M in sales. Current P/E ratio is 9.87 and Fwd P/E is 5.92. Profit margin for the company is 29.00%. Distance from 52-week low is 43.23% and -67.99% from its 52-week high. The company has generated returns on investments over the last 12 months (24.10%).
Yalla Group Limited (YALA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Yalla Group Limited (YALA) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 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 11/14/2022.The EPS is expected to shrink by -14.30% this year.
Yalla Group Limited (YALA) Top Institutional Holders
The shares outstanding are 150.16M, and float is at 18.60M with Short Float at 9.33%.
Yalla Group Limited (YALA): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading -32.63% down over the past 12 months and Meta Platforms Inc. (META) that is -56.94% lower over the same period.