Private Ocean LLC has a $57000 stake in Match Group,

October 10, 2022

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Match Group ($NASDAQ:MTCH), Inc. is an online dating company. It owns and operates online dating sites and apps, including Tinder, OkCupid, and PlentyOfFish. Match Group, Inc. is a publicly-traded company, and its stock is traded on the Nasdaq Stock Market. Match Group, Inc. is a global leader in online dating, and its products are used by millions of people around the world.

Market Price

On Friday, MATCH GROUP stock opened at $49.3 and closed at $48.3, down by 4.4% from its last closing price of 50.5. Despite the recent dip in stock price, many analysts remain bullish on the company’s long-term prospects.

VI Analysis

MATCH GROUP is a strong company in terms of cash flows and debt, and it has a moderate health score of 6/10. This means that it should be able to safely ride out any crisis without the risk of bankruptcy.

However, the company is weak in terms of asset growth, dividend growth, and profitability. As such, it is classified as a “rhino” company, which is a type of company that has achieved moderate revenue or earnings growth. Investors who are interested in companies that have strong fundamentals and are able to weather economic downturns may find MATCH GROUP to be a good investment.

Summary

Private Ocean LLC has a $57000 stake in Match Group, Inc. so far news sentiment mostly are positive. However, stock prices moved down the same day. This could be due to a number of reasons, such as poor earnings reports from other companies in the same industry, or general market conditions. However, it could also be a good opportunity to buy shares at a lower price.

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