Match Group Inc (NASDAQ:MTCH) shares, rose in value, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $30.54.
Actively observing the price movement in the last trading, the stock closed the session at $30.32. The PE ratio was 15.07 over 12-month period. Referring to stock’s 52-week performance, its high was $38.84, and the low was $26.39. On the whole, MTCH has fluctuated by 1.23% over the past month.
With the market capitalization of Match Group Inc currently standing at about $7.49 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.38, with its dividend yield at 1.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MTCH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.96, with the price of MTCH currently trading nearly 3.68% and 2.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.95, while the 7-day volatility ratio is showing 1.93% which for the 30-day chart, stands at 2.96%. Furthermore, Match Group Inc (MTCH)’s beta value is 1.35, and its average true range (ATR) is 0.97.
A comparison of Match Group Inc (MTCH) with its peers suggests the former has fared considerably weaker in the market. MTCH showed an intraday change of 0.73% in last session, and over the past year, it grew by 3.60%%.
Data on historical trading for Match Group Inc (NASDAQ:MTCH) indicates that the trading volumes over the past 3 months, they’ve averaged 5.41 million. According to company’s latest data on outstanding shares, there are 248.61 million shares outstanding.
Nearly 0.71% of Match Group Inc’s shares belong to company insiders and institutional investors own 107.25% of the company’s shares. The stock has fallen by -6.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MTCH stock heading into the next quarter.
