The trading price of Yalla Group Limited ADR (NYSE:YALA) closed lower on Tuesday, May 06, and closing at $6.98, -0.71% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 9.42. In examining the 52-week price action we see that the stock hit a 52-week high of $8.29 and a 52-week low of $3.71. Over the past month, the stock has gained 49.79% in value.
Yalla Group Limited ADR, whose market valuation is $930.71 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest YALA has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that YALA’s price is currently 3.38% off the SMA20 and 26.16% off the SMA50. The RSI metric on the 14-day chart is currently showing 58.26, and weekly volatility stands at 8.00%. When measured over the past 30 days, the indicator reaches 8.40%. Yalla Group Limited ADR (NYSE:YALA)’s beta value is currently sitting at 0.88, while the Average True Range indicator is currently displaying 0.50.
To see how Yalla Group Limited ADR stock has been performing in comparison to its peers in the industry, here are the numbers: YALA stock’s performance was -0.71% in the latest trading, and 43.62% in the past year. Yalla Group Limited ADR has a P/E ratio of 9.42.
An evaluation of the daily trading volume of Yalla Group Limited ADR (NYSE:YALA) indicates that the 3-month average is 924.04K.
Currently, records show that 133.34 million of the company’s shares remain outstanding. The institutions hold 7.66%. However, since the stock’s price has seen 71.92% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
