Is Buying Match Group Inc (NASDAQ:MTCH) Here Good Idea? | #blackpeoplemeet


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The stock of Match Group Inc (NASDAQ:MTCH) registered a decrease of 6.26% in short interest. MTCH’s total short interest was 19.27 million shares in December as published by FINRA. Its down 6.26% from 20.56M shares, reported previously. With 1.71 million shares average volume, it will take short sellers 11 days to cover their MTCH’s short positions. The short interest to Match Group Inc’s float is 38.02%.

The stock increased 4.08% or $2.82 during the last trading session, reaching $71.91. About 1.95M shares traded. Match Group, Inc. (NASDAQ:MTCH) has risen 64.85% since December 15, 2018 and is uptrending. It has outperformed by 64.85% the S&P500.

Match Group, Inc. provides dating products. The company has market cap of $20.13 billion. The firm operates in two divisions, Dating and Non-dating. It has a 41.11 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.

Match Group, Inc. (NASDAQ:MTCH) Ratings Coverage

Among 8 analysts covering Match Group (NASDAQ:MTCH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Match Group has $10600 highest and $7000 lowest target. $86.38’s average target is 20.12% above currents $71.91 stock price. Match Group had 15 analyst reports since July 26, 2019 according to SRatingsIntel. On Thursday, August 8 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, November 7 report. The rating was maintained by Nomura on Thursday, November 7 with “Buy”. JP Morgan maintained it with “Neutral” rating and $7500 target in Friday, November 8 report. Nomura upgraded the stock to “Buy” rating in Monday, October 7 report. Nomura maintained it with “Neutral” rating and $8100 target in Thursday, August 8 report. The firm has “Buy” rating given on Thursday, September 5 by SunTrust. On Monday, October 7 the stock rating was upgraded by Deutsche Bank to “Buy”. UBS upgraded Match Group, Inc. (NASDAQ:MTCH) on Thursday, November 7 to “Buy” rating. The rating was downgraded by UBS to “Neutral” on Thursday, August 8.

More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Match Group (MTCH) Stock Is About to Turn a Corner – Nasdaq” on April 12, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been This Bullish On Match Group (MTCH) – Yahoo Finance” published on November 28, 2019, Nasdaq.com published: “Noteworthy Thursday Option Activity: MTCH, LITE, AWR – Nasdaq” on October 31, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Nasdaq.com and their article: “Match.com (MTCH), WW (WW) Post Q3 Earnings – Nasdaq” published on November 05, 2019 as well as Nasdaq.com‘s news article titled: “MTCH Makes Notable Cross Below Critical Moving Average – Nasdaq” with publication date: December 02, 2019.

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