Attention Seeking Stock: Match Group, Inc. (NASDAQ: MTCH)

On Thursday, Shares of Match Group, Inc. (NASDAQ: MTCH) inclined 2.31% to $37.83. The stock recorded $36.67 as its minimum price and hit the max level of $38.04, during its most recent trading session. It traded total volume of 1.19M shares lower than the average volume of 2.69M shares.

Match Group Inc. (MTCH) stated first-quarter net income of $99.70M. The Dallas-based company said it had net income of 33 cents per share. Earnings, adjusted for one-time gains and costs, were 26 cents per share. The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The online dating company posted revenue of $407.40M in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $386.70M.

MTCH has the market capitalization of $10.94B and its EPS growth ratio for the past five years was 33.90%. The return on assets ratio of the Company was 19.70% while its return on investment ratio stands at 30.90%. Price to sales ratio was 7.60.

Bobbie Collins

Bobbie Collins gives us an insight into the most recent news hitting the Technology Sector in Wall Street. He has been an independent financial adviser for over 10 years in the city and in recent years turned his experience in finance and passion for journalism into a full time role. He performs analysis of Companies and publicizes valuable information for shareholder community. Collins is an accomplished journalist who has a passion for travel. His desire to see the world has taken him to countries around the world and given him the opportunity to report for some of the top news organizations.