Momo stock: buy or sell?
May 22nd, 2020
Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China. The company's platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners.
Should I buy Momo stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Momo stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Momo stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't detect any rating for MOMO stock for the last 30 days.
Momo stock analysis
Momo shares plummed -9.33% to $19.14 on Friday.
Shares of Momo ended on Friday at $19.14 and plummed a scary -9.33%. Since January when MOMO stock price broke down the SMA200d line, it slid $-15.42 per share (-44.62%).
Shares of Momo ended this week at $19.14 and collapsed a chilling -7.67%. By mid April MOMO rocketed an astounding 8.32% in just one week.
Since price and 40-weeks moving average lines crossed down late January, MOMO fell $-16.83 per share (-46.79%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Momo stock price history
Momo stock went public on December 11th, 2014 with a price of $13.541. Since then, MOMO stock grew a 41.40%, with a yearly average of 8.30%. If you had invested $1,000 in Momo stock in 2014, it would worth $414.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Momo stock historical price chart
MOMO stock reached 52-week highs on January at $39.42, and all-time highs 2018-06-11 with a price of 51.52.
Momo stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' MOMO stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for Momo stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Momo presented its financial report, posting a good gain for the Earnings per Share (EPS) ratio. Analyst expected $0.42 per share, but Momo posted $0.46.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an amazing increase of 50.89% to $13,408.40 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) slightly fell a -3.17% to 21.00%.
|2013||$3.13 M||-||$-7.98 M-255.0%||-|
|2014||$45 M||1,329.87%||$-25.42 M-56.8%||218.48%|
|2015||$870 M||1,843.53%||$89 M10.2%||-449.87%|
|2016||$3,841 M||341.54%||$1,009 M26.3%||1,034.29%|
|2017||$8,886 M||131.38%||$2,148 M24.2%||112.98%|
|2018||$13,408 M||50.89%||$2,816 M21.0%||31.08%|
Quarterly financial resultsMomo reported $3,330.92 M in revenues for 2018-Q4, a -9.63% decline compared to previous quarter. Reported quarter earnings marked $526.94 M with a profit margin of 15.82%. Profit margin stayed constant a -0.07% compared to previous quarter when profit margin was 15.89%. When comparing turnover to same quarter last year, Momo sales marked a super good growth and skyrocketed a 762.14%.
|2017-Q1||$266 M||-||$81 M30.6%||-|
|2017-Q2||$314 M||18.05%||$61 M19.5%||-24.95%|
|2017-Q3||$354 M||13.05%||$79 M22.3%||29.61%|
|2017-Q4||$386 M||9.00%||$98 M25.2%||23.29%|
|2018-Q1||$2,736 M||608.06%||$817 M29.8%||737.45%|
|2018-Q2||$3,276 M||19.76%||$781 M23.8%||-4.40%|
|2018-Q3||$3,686 M||12.51%||$586 M15.9%||-24.98%|
|2018-Q4||$3,331 M||-9.63%||$527 M15.8%||-10.02%|
Momo ownershipReviewing Momo ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Momo, 4.28% of all outstanding shares are owned by its staff.
In case of Momo stock, 72.07% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for MOMO stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Momo:
|Market cap||$4.0 B|
|Total shares||208.7 M|
|Float shares||145.4 M|
|- Institutional holdings (%)||72.1%|
|- Insider holdings (%)||4.3%|
|Shares in short selling||0.0%|
|Friday, May 22nd, 2020|
|Day range||$19.08 - $20.60|
|Average true range||$1.17|
|50d mov avg||$21.76|
|100d mov avg||$26.30|
|200d mov avg||$30.03|
Momo performanceTo measure stock performance is always good to compare with competitors or related stocks. We selected as the bechmarking frame for Momo stock.
Momo competitorsUnfortunately, we could not find any public company that could be defined as Momo competitor. This doesn't mean Momo does not have any competitor in the market, it's just we could not detected it.
Latest Momo stock news
- Seeking AlphaUndervalued Chinese Company With Huge Growth Potential - MomoSeptember 21, 2018
- InvestorPlaceOne Chart Tells You All You Need to Know About Where Momo Stock is GoingSeptember 18, 2018
- Investors.comChip Stocks Lift Nasdaq To 0.7% Gain; Apple Rebounds; Momo Nears BreakoutSeptember 13, 2018
- InvestorPlaceWhy It’s Not Too Late to Buy MOMO StockAugust 31, 2018
- InvestorPlace3 Reasons Momo Stock Is a Big-Time Buy With 33% UpsideAugust 28, 2018