Shares of Yalla Group Limited (NYSE:YALA – Get Free Report) saw an uptick in trading volume on Monday . 237,555 shares were traded during mid-day trading, an increase of 7% from the previous session’s volume of 222,902 shares.The stock last traded at $4.86 and had previously closed at $4.68.
Yalla Group Stock Performance
The stock has a 50-day simple moving average of $4.08 and a 200 day simple moving average of $4.20. The stock has a market capitalization of $780.82 million, a P/E ratio of 6.75 and a beta of 1.19.
Yalla Group (NYSE:YALA – Get Free Report) last released its earnings results on Monday, March 10th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $90.83 million for the quarter. Yalla Group had a return on equity of 21.80% and a net margin of 40.72%. During the same period in the previous year, the company posted $0.17 EPS.
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.
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