Yalla Group (NYSE:YALA) Releases Earnings Results

Yalla Group (NYSE:YALA) issued its quarterly earnings results on Monday. The company reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. Yalla Group had a return on equity of 21.80% and a net margin of 40.72%.

Yalla Group Trading Up 0.2 %

YALA traded up $0.01 during trading on Monday, hitting $4.02. 572,227 shares of the company traded hands, compared to its average volume of 181,688. The company has a market cap of $637.34 million, a PE ratio of 5.51 and a beta of 1.19. Yalla Group has a 1 year low of $3.71 and a 1 year high of $5.54. The stock’s 50-day simple moving average is $4.04 and its two-hundred day simple moving average is $4.18.

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.