December to February is typically a unique period in financial markets due to a combination of seasonal trends, holiday spending, tax-related activities, and year-end corporate earnings. Here are some notable historical trends during this period: 1. The Santa Claus Rally (Late December) The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
$Hello Group (MOMO.US)$Valuation look good but still expensive if you go deep into their financial trend. I am not ready to invest at this price. This stock is going to test next support. I don't see any singnificant upside from here. After Q2 result I shal re-evaluate and then will take my final call on it. Expesive! Expensive!!
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DofKH
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why did you say so? the PB is only 0.79. I won't buy it but for me, can't say it's expensive.
Trytosaveabit
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Well it’s just now only about .05 above resistance set last week! I only have the chart to go on right now because I have done no DD on it! But as far as just the chart goes? It could be a day trade! But keep SL tight! If I get time? I will try to look a bit deeper! But that’s all I can give right now! GL
Newbee4
OP
Trytosaveabit
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That's OK. I was just wondering. It tanked last week due to loss. Guess it's just going back up. I don't have a position. just thought it was odd
Trytosaveabit
Newbee4
OP
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PT was also cut to 16 from 22! So there’s that as well! But I don’t put much stock in analysts PT’s! But a good increase in PT from the right person/firm can and does cause a price to rise at times! This I think is a bit of a recovery like you said! And a bit of earnings bump
Hello Group Inc.'s low P/S ratio is due to poor revenue performance and market expectations of this trend continuing. Without significant revenue improvement, the stock price may not rise significantly. Its revenue forecasts are inferior to the industry, justifying its lower P/S ratio.
Despite Hello Group's profitability, its declining share price, revenue, and dividend over the past five years may worry investors. The company's total shareholder return over the past five years was -73%, somewhat offset by its dividend payments.
The dropping ROCE and steady capital employed for Hello Group hint potential decline, suggesting it might not be a profitable investment. Considering other options is advised unless positive metric shift.
Mrstocksplitsundae : don't forget good old stock manipulation from insiders and auditors.