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Zacks Investment Research reported on MeetMe Inc (NASDAQ:MEET), upping its target price to $5.50 earlier today

Zacks Investment Research bumped up the target of MeetMe Inc (NASDAQ:MEET) to $5.50 stating a potential upside of 0.10%.

Boasting a price of $5.00, MeetMe Inc (NASDAQ:MEET) traded 2.25% higher on the day. With the last close down -10.74% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the date range. MeetMe Inc has recorded a 50-day average of $5.11 and a two hundred day average of $5.60. Volume of trade was down over the average, with 0 shares of MEET changing hands under the typical 1,678,630

Performance Chart


With a total market value of $0, MeetMe Inc has price-earnings ratio of 6.79 with a one year low of $2.57 and a one year high of $8.11 .

More About MeetMe Inc (NASDAQ:MEET)

MeetMe, Inc. is a social media technology company that owns and operates the MeetMe mobile applications and 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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