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.