Yalla Group Limited (NYSE:YALA – Get Free Report)’s share price was up 10.2% during trading on Thursday . The company traded as high as $4.89 and last traded at $4.87. Approximately 389,178 shares traded 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 Stock Performance
The firm has a market cap of $742.77 million, a P/E ratio of 6.42 and a beta of 1.19. The stock has a fifty day simple moving average of $4.08 and a 200 day simple moving average of $4.19.
Yalla Group (NYSE:YALA – Get Free Report) last posted its earnings results on Monday, March 10th. The company reported $0.18 EPS for the quarter. The business had revenue of $90.83 million during 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 business posted $0.17 EPS.
Institutional Trading of 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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