Yalla Group Limited (NYSE:YALA – Get Free Report)’s share price was up 10.2% during trading on Thursday . The stock traded as high as $4.89 and last traded at $4.87. Approximately 389,178 shares changed hands during mid-day trading, an increase of 102% from the average daily volume of 192,206 shares. The stock had previously closed at $4.42.
Yalla Group Price Performance
The company has a 50-day moving average price of $4.08 and a 200 day moving average price of $4.19. The firm has a market capitalization of $742.77 million, a PE ratio of 6.42 and a beta of 1.19.
Yalla Group (NYSE:YALA – Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported $0.18 EPS for the quarter. Yalla Group had a return on equity of 21.80% and a net margin of 40.72%. The business had revenue of $90.83 million for the quarter. During the same quarter in the previous year, the firm earned $0.17 earnings per share.
Institutional Investors Weigh In On Yalla Group
Yalla Group Company Profile
Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company’s platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.
Further Reading
- Five stocks we like better than Yalla Group
- How to Invest in Small Cap Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is the S&P/TSX Index?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- With Risk Tolerance, One Size Does Not Fit All
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for Yalla Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yalla Group and related companies with MarketBeat.com's FREE daily email newsletter.