Is MakeMyTrip Ltd (NASDAQ: MMYT) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

MMYT belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Travel Services industry. The current market capitalization of MakeMyTrip Ltd is $9.76B. A total of 0.57 million shares were traded on the day, compared to an average of 781.85K shares.

In the most recent transaction, RAJESH MAGOW bought 8,717 shares of MMYT for 95.06 per share on Jul 31 ’24. In a previous transaction on Jul 29 ’24, RAJESH MAGOW bought 7,768 shares at 95.02 per share.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MMYT has a high of $100.22 and a low of $32.85.

As of this writing, MMYT has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 2.0 estimates, with a high estimate of $0.37 per share and a lower estimate of $0.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MMYT’s latest balance sheet shows that the firm has $477.46M in Cash & Short Term Investments as of fiscal 2022. There were $216.58M in debt and $191.22M in liabilities at the time. Its Book Value Per Share was $10.11, while its Total Shareholder’s Equity was $896.48M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MMYT is Buy with a score of 4.57.

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