WEEKLY HUB – June 4 – The stock of Momo hit a new 52-week high and has $52.11 target. The 6 months bullish chart indicates low risk for the $10B company. If the $52.11 price target is reached, the company will be worth $505M more. Momo has risen 1.41% since June 4, 2017 and is uptrending. It has underperformed by 11.16% the S&P500. Analysts await Momo to report earnings on August, 28. They expect $0.55 earnings per share, up 89.66 % or $0.26 from last year's $0.29 per share. Momo's profit will be $112M for 22.56 P/E if the $0.55 EPS becomes a reality.
by Maria Brooks
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