Yalla Group Limited (NYSE:YALA – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $4.58, but opened at $4.47. Yalla Group shares last traded at $4.48, with a volume of 44,120 shares.
Yalla Group Stock Performance
The firm’s 50 day simple moving average is $4.71 and its 200-day simple moving average is $5.03. The company has a market capitalization of $721.36 million, a price-to-earnings ratio of 6.50 and a beta of 1.19.
Yalla Group (NYSE:YALA – Get Free Report) last posted its quarterly earnings results on Monday, May 20th. The company reported $0.17 earnings per share for the quarter. Yalla Group had a return on equity of 23.49% and a net margin of 39.64%. The firm had revenue of $78.73 million for the quarter.
Hedge Funds Weigh In On 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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