Shares of Yalla Group Limited (NYSE:YALA – Get Free Report) were up 3.4% during mid-day trading on Friday . The company traded as high as $5.18 and last traded at $5.17. Approximately 80,366 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 192,040 shares. The stock had previously closed at $5.00.
Yalla Group Price Performance
The company has a market capitalization of $801.78 million, a PE ratio of 10.28 and a beta of 1.36. The company has a 50-day moving average of $5.07 and a two-hundred day moving average of $4.37.
Yalla Group (NYSE:YALA – Get Free Report) last posted its quarterly earnings results on Monday, August 14th. The company reported $0.16 EPS for the quarter. The business had revenue of $79.25 million for the quarter. Yalla Group had a return on equity of 20.06% and a net margin of 29.66%.
Institutional Trading of Yalla Group
Yalla Group Company Profile
Yalla Group Limited operates a social networking and entertainment 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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