Yalla Group Limited ADR (NYSE: YALA) is -20.39% lower on its value in year-to-date trading and has touched a low of $3.71 and a high of $6.44 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 $4.55 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $4.88, the stock is 15.48% and 19.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 7.25% at the moment leaves the stock 2.78% off its SMA200. YALA registered -7.22% loss for a year compared to 6-month loss of 0.83%. The firm has a 50-day simple moving average (SMA 50) of $4.0974 and a 200-day simple moving average (SMA200) of $4.74295.
The stock witnessed a 23.54% gain in the last 1 month and extending the period to 3 months gives it a 7.73%, and is 15.09% 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 4.12% over the week and 3.04% over the month.
Yalla Group Limited ADR (YALA) has around 778 employees, a market worth around $654.55M and $326.04M in sales. Current P/E ratio is 6.83 and Fwd P/E is 6.22. Profit margin for the company is 40.07%. Distance from 52-week low is 31.54% and -24.22% from its 52-week high. The company has generated returns on investments over the last 12 months (20.43%).
The EPS is expected to grow by 7.69% this year
The shares outstanding are 133.81M, and float is at 131.47M with Short Float at 0.37%.
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 2.0 million shares valued at $9.1 million. The investor’s holdings represent 1.247 of the YALA Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 1.89 million shares valued at $8.59 million to account for 1.1813 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.53 million shares representing 0.3309 and valued at over $2.41 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.2966 of the shares totaling 0.48 million with a market value of $2.16 million.