In a filing, Hello Group Inc ADR revealed its Officer Tang Yan acquired Company’s shares for reported $1.31 million on Mar 25 ’25. In the deal valued at $6.57 per share,200,000 shares were bought.
Then, Zhang Sichuan bought 177,978 shares, generating $1,169,315 in total proceeds.
Before that, LI WANG bought 226,013 shares. Hello Group Inc ADR shares valued at $1,613,575 were divested by the Officer at a price of $7.14 per share.
BofA Securities downgraded its Hello Group Inc ADR [MOMO] rating to an Underperform from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early June from “an Overweight” to “a Neutral”. Morgan Stanley also remained covering MOMO and has decreased its forecast on May 15, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. UBS revised its rating on April 28, 2023. It rated MOMO as “a Buy” which previously was an “a Neutral”.
Price Performance Review of MOMO
On Monday, Hello Group Inc ADR [NASDAQ:MOMO] saw its stock fall -0.36% to $5.48. Over the last five days, the stock has gained 3.98%. Hello Group Inc ADR shares have fallen nearly -24.85% since the year began. Nevertheless, the stocks have risen 4.97% over the past one year. While a 52-week high of $7.93 was reached on 02/21/25, a 52-week low of $4.53 was recorded on 04/11/25. SMA at 50 days reached $6.82, while 200 days put it at $6.89.
Levels Of Support And Resistance For MOMO Stock
The 24-hour chart illustrates a support level at 5.42, which if violated will result in even more drops to 5.35. On the upside, there is a resistance level at 5.54. A further resistance level may holdings at 5.60. The Relative Strength Index (RSI) on the 14-day chart is 39.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.31%. Stochastics %K at 29.75% indicates the stock is a holding.
How much short interest is there in Hello Group Inc ADR?
A steep rise in short interest was recorded in Hello Group Inc ADR stocks on 2025-03-31, dropping by -0.46 million shares to a total of 3.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.93 million shares. There was a decline of -13.33%, which implies that there is a negative sentiment for the stock.
