Yalla Group Limited ADR (NYSE: YALA) is 54.19% higher on its value in year-to-date trading and has touched a low of $3.71 and a high of $6.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The YALA stock was last observed hovering at around $6.10 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $6.26, the stock is 15.84% and 32.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 2.62% at the moment leaves the stock 44.43% off its SMA200. YALA registered 31.79% gain for a year compared to 6-month gain of 43.58%. The firm has a 50-day simple moving average (SMA 50) of $4.7178 and a 200-day simple moving average (SMA200) of $4.3343.
The stock witnessed a 19.01% loss in the last 1 month and extending the period to 3 months gives it a 58.88%, and is 21.08% 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 7.51% over the week and 6.45% over the month.
Current P/E ratio is 8.43 and Fwd P/E is 7.45. Profit margin for the company is 39.95%. Distance from 52-week low is 68.73% and -5.72% from its 52-week high. The company has generated returns on investments over the last 12 months (19.26%).
The EPS is expected to grow by 5.41% this year
75.0 institutions hold shares in Yalla Group Limited ADR (YALA), with institutional investors hold 51.71% of the company’s shares. The shares outstanding are 134.13M, and float is at 131.47M with Short Float at 0.27%. Institutions hold 34.81% of the Float.
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 1.2444 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 1.1787 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.53 million shares representing 0.3302 and valued at over $2.41 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.296 of the shares totaling 0.48 million with a market value of $2.16 million.
