Yalla Group Limited (NYSE:YALA – Get Rating) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 2,080,000 shares, a decrease of 18.4% from the May 15th total of 2,550,000 shares. Based on an average daily trading volume, of 551,600 shares, the short-interest ratio is presently 3.8 days.
YALA traded up $0.14 on Friday, reaching $3.86. The stock had a trading volume of 182,817 shares, compared to its average volume of 592,691. Yalla Group has a fifty-two week low of $3.10 and a fifty-two week high of $21.00. The firm has a 50-day moving average of $3.84 and a 200-day moving average of $5.19. The company has a market capitalization of $555.57 million, a price-to-earnings ratio of 8.27 and a beta of 1.44.
Yalla Group (NYSE:YALA – Get Rating) last posted its earnings results on Monday, May 16th. The company reported $0.10 EPS for the quarter. The firm had revenue of $72.34 million during the quarter. Yalla Group had a return on equity of 24.77% and a net margin of 28.99%.
Yalla Group Company Profile (Get Rating)
Yalla Group Limited operates a voice-centric social networking and entertainment platform under the Yalla name primarily in the Middle East and North Africa region. Its platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services. The company was formerly known as FYXTech Corporation.
- Get a free copy of the StockNews.com research report on Yalla Group (YALA)
- eBay’s Long Term Fundamentals Are Intact If You Can Stomach Short Term Volatility
- Honda’s Stock Continues To Fly Under The Radar
- Vuzix Stock Stays Optimistic
- Palo Alto Networks: Pioneering AI in Cybersecurity
- Dividend Stocks and Your Roth IRA
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
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.