Momo Inc. (MOMO) shares are trading at 41.20, up 5%. The company is reporting earnings on Wednesday, August 22. What's driving MOMO stock price? What's MOMO stock price 'forecast'?
Momo is a popular Chinese mobile dating and social networking company with a fast and profitable growth, strong track record, and a huge addressable market. Its market cap is $8 billion.
Earlier this year, the company acquired China's top dating app Tantan, the "Tinder of China," which seems to be a very promising acquisition. Despite the astronomical growth, Momo still has a Forward P/E of 12, at the low end of the P/E spectrum for such growth.
finstead.com/bite/Momo-MOMO-stock-forecast-prediction-august-21-2018
Momo is a popular Chinese mobile dating and social networking company with a fast and profitable growth, strong track record, and a huge addressable market. Its market cap is $8 billion.
Earlier this year, the company acquired China's top dating app Tantan, the "Tinder of China," which seems to be a very promising acquisition. Despite the astronomical growth, Momo still has a Forward P/E of 12, at the low end of the P/E spectrum for such growth.
finstead.com/bite/Momo-MOMO-stock-forecast-prediction-august-21-2018
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.