Meta Platforms (ex Facebook) rises sharply at midday

Meta Platforms (ex Facebook) stock rose in XETRA trading. On May 5, 2022, 12:22 p.m., the price of the paper rose by 5.9 percent to EUR 208.00. The highest value of the day was marked by the Meta Platforms (ex Facebook) share at EUR 209.50. The share certificate opened at EUR 208.80. The most recent trading volume was 35,367 Meta Platforms (ex Facebook) shares.

On September 14, 2021, the share price rose to EUR 324.80, the highest level in the past 52 weeks. With an increase of 35.96 percent, the 52-week high from the current price level would be reached again. The 52-week low was reached on April 27, 2022 (EUR 164.24). With the current course, the Meta Platforms (ex Facebook) share is 26.64 percent above the 52-week low.

At the average target price, analysts are forecasting $296.71 for Meta Platforms (ex Facebook) stock.

On April 27, 2022, the company presented the figures for the quarter ended March 31, 2022. EPS was $2.72 compared to $3.30 per share in the year-ago quarter. Sales increased 6.64 percent to $27,908.00. A year earlier, sales were $26,171.00.

The Meta Platforms (ex Facebook) balance sheet for Q2 2022 is expected on 07/27/2022.

Earnings per share should amount to USD 14.08 in 2023, according to analyst estimates.

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