Match Group Inc. (NASDAQ: MTCH) is -13.07% lower on its value in year-to-date trading and has touched a low of $27.85 and a high of $49.24 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 MTCH stock was last observed hovering at around $31.96 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $31.73, the stock is -8.94% and -9.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -0.72% at the moment leaves the stock -16.33% off its SMA200. MTCH registered -10.27% loss for a year compared to 6-month loss of -10.72%.
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The stock witnessed a -5.42% gain in the last 1 month and extending the period to 3 months gives it a -13.47%, and is -9.63% 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 3.09% over the week and 2.93% over the month.
Match Group Inc. (MTCH) has around 2620 employees, a market worth around $8.50B and $3.36B in sales. Current P/E ratio is 13.96 and Fwd P/E is 12.55. Profit margin for the company is 19.37%. Distance from 52-week low is 13.93% and -35.56% from its 52-week high. The company has generated returns on investments over the last 12 months (16.62%).
The EPS is expected to shrink by -3.60% this year.
Match Group Inc. (MTCH) Top Institutional Holders
The shares outstanding are 268.89M, and float is at 266.42M with Short Float at 5.41%.
Match Group Inc. (MTCH) Insider Activity
The most recent transaction is an insider sale by Sine Jared F.,the company’sChief Bus. Affairs & Leg. Off. SEC filings show that Sine Jared F. sold 500 shares of the company’s common stock on Mar 01 ’24 at a price of $36.05 per share for a total of $18025.0. Following the sale, the insider now owns 54009.0 shares.
Match Group Inc. disclosed in a document filed with the SEC on Feb 01 ’24 that Sine Jared F. (Chief Bus. Affairs & Leg. Off.) sold a total of 500 shares of the company’s common stock. The trade occurred on Feb 01 ’24 and was made at $38.76 per share for $19380.0. Following the transaction, the insider now directly holds 29352.0 shares of the MTCH stock.
Still, SEC filings show that on Jan 02 ’24, Sine Jared F. (Chief Bus. Affairs & Leg. Off.) disposed off 500 shares at an average price of $35.98 for $17990.0. The insider now directly holds 29,852 shares of Match Group Inc. (MTCH).
