Equity Research firms currently have a positive stance on shares of MeetMe, Inc. (NASDAQ:MEET). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.80. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $8.90 on a short term basis.
At the time of writing, the stock was trading at $5.63. This represents a change from the opening price of -5.94%. In terms of performance, year to date, the stock is 70.95%. The monthly stock performance comes in at 4.26%. For the quarter, shares are performing at 8.51%. Weekly performance analysis shows the equity at 5.15%.
In taking a look at technical levels, shares are trading -8.17% away from the 50 day simple moving average and 30.57% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -30.64% away from it’s 52- week high and 256.01% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, MeetMe, Inc.’s RSI stands at 40.82. In looking at volatility levels, the shares saw weekly volatility of 4.75% and 5.30% over the past month.