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How to Buy Hello Group Stock

Hello Group Inc

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China.

Hello Group stock last closed at $5.76, up 0.7% from the previous day, and has decreased 29.93% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.61 percentage points. Hello Group stock is currently +8.68% from its 52-week low of $5.30, and -48.2% from its 52-week high of $11.12.

There are currently 376.32M MOMO shares outstanding. The market cap of MOMO is $1.08B. In the past 24 hours, 749,697 MOMO shares were traded.

How to Buy Hello Group Stock

Not sure how to invest in Hello Group stock? Here's how.
  1. Figure out where to buy Hello Group stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Hello Group stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Research Hello Group stock: The Hello Group ticker symbol is MOMO. Is Hello Group stock a good investment? Should you buy shares of MOMO? How do MOMO's underlying business fundamentals look? Do top analysts think Hello Group is a good buy? Why has MOMO's stock price moved recently? (Hint: Our stock market research website can help you figure out if MOMO is a good stock to buy).
  5. Place your MOMO trade: Decide if you will purchase MOMO shares at the current market price or use a limit order to purchase MOMO stock at a specific price.
  6. Keep an eye on your MOMO position: Create a watchlist to key updates about your new investment in Hello Group shares.

Step 1: Figure out where to buy Hello Group stock

You need an online brokerage account in order to access the NASDAQ market and buy MOMO shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can buy MOMO today.

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  2. Provide your personal info to open a new trading account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have created your account on the best stock app, your next step is to transfer the money for your investment:

Watch the tutorial below for more details depositing money into your investment account.

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Step 4: Research Hello Group stock

After you have figured out the best place to buy Hello Group stock, it's absolutely critical to evaluate their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

Hello Group Metrics

MOMO Price
$5.76
1w %
4.35%
1y %
-29.93%
5y %
-84.37%
P/E
4x
P/B
0.65x
P/S
0.65x
PEG
N/A
Revenue
$1.67B
Earnings
$271.89M
Fore. Rev. Growth
-11.86%
Fore. Earn. Growth
-27.03%
Market Cap
$1.08B
Next Earnings
Jun 4, 2024
Next Dividend
Apr 30, 2024

MOMO Zen Score

WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on MOMO's stock page.

Is MOMO stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MOMO's fair value.

Using relative valuations metrics:

  • MOMO may be undervalued based on its P/E ratio of 4x, relative to Internet Content & Information industry P/E ratio of 14.54x
  • MOMO could be undervalued based on its P/B ratio of 0.65x, relative to Internet Content & Information industry P/B ratio of 6.52x

You can do more valuation research on MOMO's stock here.

A look at MOMO Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the MOMO balance sheet.
  • MOMO's operating cash flow of $316.27M allows it to safely service it's debt of $317.47M.
  • Total MOMO debt is lower than 5 years ago, relative to shareholder equity.
  • MOMO earnings of $368.03M is not sufficient to cover its interest payments.
  • MOMO profit margin has gone up from 11.7% to 16.3% in the past year.
  • MOMO has a low debt to equity ratio of 0.35.
  • There are more short-term assets than short-term liabilities on the MOMO balance sheet.

Do analysts think it's a good time to buy Hello Group stock

Out of 1 Equities analysts who research MOMO, the consensus analyst rating on Hello Group is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Hello Group stock forecast page.

MOMO Trading Indicators

SMA10
5.58
SMA20
5.87
SMA50
6.22
SMA100
6.36
SMA200
7.3
MACD
-0.17
MACD Signal
-0.18
MACD Histogram
0.02
RSI
46.06
Stochastic %K
42.24
Stochastic %D
36.09
StochRSI %K
75.4
StochRSI %D
66.11

Is MOMO Growing Revenue?

Last year, MOMO earnings were $271.89M. During the past five year, MOMO's earnings have gone up by -6.12% per year. This was slower than the Internet Content & Information industry average of 17.46%.

Last year, MOMO revenue was $1.67B. During the last five year, MOMO's revenue has grown by -2.69% per year. This was slower than the Internet Content & Information industry average of 19.56%.

Dig into MOMO's earnings and revenue performance here.

Are MOMO executives and large shareholders buying or selling the stock?

In the past year, executives and large shareholders at MOMO have not bought or sold any shares.

Get more info about who owns MOMO shares here.

Does MOMO stock generate passive income?

Hello Group pays a dividend of 21.88%, compared to the Internet Content & Information industry's average dividend yield of 19.95%. If you owned $1,000 worth of MOMO stock, you would have received $218.75 in the past year.

Hello Group dividend payments have not consistently grown over the past 6 years and have not remained stable.

Dig into more data about Hello Group dividend yield and history here.

What others are saying about MOMO

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your MOMO trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, use a limit order.

Press the Open Trade button and eToro will execute the order.

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Step 6: Keep an eye on your MOMO position

Now that you own some shares in MOMO, you'll want to stay up-to-date on your stock purchase.

Put MOMO on a watchlist to keep tabs on your MOMO stock.

MOMO Feed

How to Buy Stock in Hello Group

To summarize, here are the 6 steps you need to take to buy Hello Group stock right now:

  1. Figure out where to buy Hello Group stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Hello Group stock
  5. Place your MOMO trade
  6. Keep an eye on your MOMO position

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Hello Group, create your watchlist below.

NASDAQ: MOMO
$5.76+0.04 (+0.7%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: MOMO
$5.76+0.04 (+0.7%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hello Group share?

As of Apr 24, 2024, it costs $5.76 to buy one share of Hello Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.347 shares of MOMO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hello Group stock?

According to 1 Wall Street analysts who monitor Hello Group, their consensus recommendation is to buy Hello Group stock.

What is the best way to buy Hello Group stock?

One way to place an order for Hello Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.