The stock of Zhihu Group (MOMO, Financial) experienced significant volatility, with a notable increase of 5.01%, trading at $7.66 per share. The trading volume reached 540,846 shares, with a turnover rate of 0.31% and an amplitude of 5.01%.
Recent financial reports indicate that the company achieved a revenue of $373 million, a net profit of $62.69 million, and earnings per share of $0.36. The gross profit stood at $147 million, with a price-to-earnings ratio of 7.84. Among the ten institutions rating the stock, 50% recommend buying, 30% suggest holding, and 20% advise selling.
In the broader internet information services sector, which saw an overall decline of 0.29%, related stocks such as Buzzfeed Inc and Phoenix New Media showed significant gains. Zhihu Group provides mobile-based social networking services, primarily generating revenue from video live streaming, value-added services, and mobile marketing.
