In today’s recent session, 0.49 million shares of the Yalla Group Limited ADR (NYSE:YALA) have been traded, and its beta is 0.88. Most recently the company’s share price was $6.22, and it changed around $0.12 or 2.05% from the last close, which brings the market valuation of the company to $834.96M. YALA at last check was trading at a discount to its 52-week high of $6.64, offering almost -6.75% off that amount. The share price’s 52-week low was $3.71, which indicates that the recent value has risen by an impressive 40.35% since then. We note from Yalla Group Limited ADR’s average daily trading volume that its 10-day average is 1.12 million shares, with the 3-month average coming to 478.24K.
Yalla Group Limited ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended YALA as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Yalla Group Limited ADR is expected to report earnings per share of 0 for the current quarter.
Yalla Group Limited ADR (NYSE:YALA) trade information
Instantly YALA has been showing a green trend so far today with a performance of 2.05% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.64 on recent trading dayincreased the stock’s daily price by 6.33%. The company’s shares are currently up 53.33% year-to-date, but still up 20.41% over the last five days. On the other hand, Yalla Group Limited ADR (NYSE:YALA) is 18.35% up in the 30-day period. We can see from the shorts that 0.36 million shares have been sold at a short interest cover period of 0.61 day(s).
Yalla Group Limited ADR (YALA) estimates and forecasts
The year-over-year growth rate is expected to be 6.43%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 81.8M in revenue for the current quarter. 1 analysts expect Yalla Group Limited ADR to make 86.9M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 78.73M and 81.2M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 3.89%. Forecasts for the next quarter put sales growth at 7.02%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 27.87%.
YALA Dividends
Yalla Group Limited ADR’s next quarterly earnings report is expected to be released in May.
Yalla Group Limited ADR (NYSE:YALA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 32.68% of Yalla Group Limited ADR shares, and 34.81% of them are in the hands of institutional investors. The stock currently has a share float of 51.71%. Yalla Group Limited ADR stock is held by 75.0 institutions, with SUSQUEHANNA INTERNATIONAL GROUP, LLP being the largest institutional investor. By 2024-06-30, it held 1.2444% of the shares, which is about 2.0 million shares worth $9.1 million.
ACADIAN ASSET MANAGEMENT LLC, with 1.1787% or 1.89 million shares worth $8.59 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
360 Funds-M3Sixty Income and Opportunity Fund and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF were the top two Mutual Funds as of Nov 30, 2024 . The former held 125.0 shares worth $0.78 million, making up 0.09% of all outstanding shares. On the other hand, SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF held roughly 86.33 shares worth around $0.54 million, which represents about 0.06% of the total shares outstanding.
