MeetMe Inc (NASDAQ:MEET) price target increased to $6.50, issued a research note today by Zacks Investment Research
- Updated: October 6, 2016
Indicating a possible upside of 0.10%, Zacks Investment Research bumped up the target of MeetMe Inc (NASDAQ:MEET) to $6.50
Boasting a price of $5.90, MeetMe Inc (NASDAQ:MEET) traded -1.02% lower on the day. With the last stock price close up 20.86% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. MeetMe Inc has recorded a 50-day average of $5.72 and a two hundred day average of $4.83. Volume of trade was down over the average, with 1,498,354 shares of MEET changing hands under the typical 3,383,270
With a total market value of $0, MeetMe Inc has price-earnings ratio of 8.51 with a one year low of $1.81 and a one year high of $8.11 .
Brief Synopsis About MeetMe Inc (NASDAQ:MEET)
MeetMe, Inc. is a social media technology company that owns and operates the MeetMe mobile applications and meetme.com. The Company is a location-based social network for meeting new people both on the Web and on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users. The Company provides users with access to a menu of resources that promote social interaction, information sharing and other topics of interest. The Company offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The Company's social networking products include Profile, Chat and Friends. The Company's social discovery products include Feed, which is the Company's location-based stream communication feature, and Meet. The Company has approximately 4.97 million monthly active users (MAUs) and approximately 1.19 million daily active users (DAUs).
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