Momo Inc. with ticker code (MOMO) now have 24 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 51.77 and 29.87 calculating the mean target price we have 44.3. Now with the previous closing price of 36.39 this now indicates there is a potential upside of 21.7%. The 50 day moving average now sits at 36.37 while the 200 day moving average is 33.81. The market capitalisation for the company is $7,692m. Visit the company website at: http://www.immomo.com
Momo Inc. operates a mobile-based social and entertainment platform in the People’s Republic of China. The company operates Momo platform that includes its Momo mobile application and various related features, functionalities, tools, and services to users, customers, and platform partners. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations; interests; and recreational activities, including live talent shows, short videos, social games, and other video- and audio-based interactive experiences. The company also operates Tantan, a social and dating app to help its users to find and establish romantic connections, as well as to meet interesting people primarily for young mobile Internet users. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. in July 2014. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People’s Republic of China.