HUYA Inc ADR (NYSE:HUYA) does about 1.59M shares in volume on a normal day but saw 2926185 shares change hands in Monday trading. The company now has a market cap of 421.77M USD. Its current market price is $5.10, marking an increase of 2.00% compared to the previous close of $5.00. The 52 week high reached by this stock is $5.07 whilst the lowest price level in 52 weeks is $2.15.
HUYA Inc ADR (HUYA) has a 20-day trading average at $4.61 and the current price is 0.59% off the 52-week high compared with 136.66% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.86 and its 200-day simple moving average is $3.34. If we look at the stock’s price movements over the week, volatility stands at 6.35%, which increases to 7.11% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.28 to suggest the stock is neutral.
The consensus objective for the share price is $4.51, suggesting that the stock has a potential downside of -13.08% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 25, 2024 when BofA Securities upgraded the stock to “Buy” and issued a price target of $5.80. JP Morgan also upgraded the stock to “Neutral” from Underweight on April 14, 2023 at a price target of $2.30-$3. China Renaissance upgraded its price target at $4.30-$4.20.
HUYA Inc ADR (HUYA) stock is up 10.39% over the week and 33.51% over the past month. Its price is 39.34% year-to-date and 57.41% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of -$0.11 above consensus estimates by $0.01. HUYA’s earnings per share are forecast to grow by 85.70% this year and 53.80% over next year. Expected sales for next quarter are $221.55 million, which analysts say will come at $929.08 million for the current fiscal year and next year at $992.75 million. In addition, estimates put the company’s current quarterly revenue at an average of $206.45 million.
To reach the target analysts have set, the stock logically needs to shrink -13.08 percent from here.
Outstanding shares total 82.70M with insiders holding 0.83% of the shares and institutional holders owning 59.37% of the company’s common stock. The company has a return on investment of -1.76% and return on equity of -1.73%. The forward price to earnings ratio is 28.28. The beta has a value of 0.60. Price to book ratio is 0.79 and price to sales ratio is 0.43.
