Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Hello Group Inc (NASDAQ: MOMO) improved in recent days. MOMO’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Hello Group Inc (NASDAQ: MOMO) stock declined slightly by -0.5% on 5/10/24. The stock closed at $6.05. However, trading volume in this decline was exceptionally low at 40% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
MOMO is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Hello Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hello Group has a good Appreciation Score of 78 but a very low Power Rating of 11, producing the Low Neutral Value Trend Rating.
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