A Few Bright Spots In HUYA Inc ADR (NYSE: HUYA)

HUYA Inc ADR (NYSE:HUYA) currently has a daily average trading volume of 2.06M but it saw 1031255 shares traded in last market. With a market cap of 262.93M USD, the company’s current market price of $3.46 came falling about -2.81 while comparing to the previous closing price of $3.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.53 and as low as $2.03. In the recent trading on the day, stock has struck highest price mark of $3.44 while lowest mark touched by it was $3.56.

Taking a look at 20-day trading activity of HUYA Inc ADR (HUYA) gives us an average price of $4.08, while its current price level is -37.49% below from 52-week high level whereas it is 70.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.25 while that of 200 days or SMA-200 reads an average of $4.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.96% during that period while stretching the period over a month that increases to 6.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.00 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Buy” from “Sell” on August 14, 2024 while assigning a price target range of $2.40-$6. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock is $9.

Over the week, HUYA’s stock price is moving 0.58% up while it is -22.68% when we observe its performance for the past one month. Year-to-date it is 36.50% up and over the past year, the stock is showing an upside performance of 59.61%.

Currently, HUYA Inc ADR’s total number of outstanding shares is 82.70M. Company’s return on investment (ROI) stands at -1.71% and return on equity (ROE) at -1.57%. It has a 13.51 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.31. Its return on asset (ROA) is -1.32% on average.