DouYu International (NASDAQ:DOYU - Get Free Report) had its target price decreased by Citigroup from $10.50 to $7.00 in a report released on Tuesday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Citigroup's price target would indicate a potential upside of 4.01% from the stock's previous close.
Several other equities analysts have also commented on DOYU. HSBC upgraded shares of DouYu International from a "reduce" rating to a "hold" rating in a research report on Monday, March 17th. Hsbc Global Res raised shares of DouYu International from a "moderate sell" rating to a "hold" rating in a report on Monday, March 17th.
Read Our Latest Research Report on DouYu International
DouYu International Trading Down 0.3%
DOYU traded down $0.02 during trading on Tuesday, hitting $6.73. 39,377 shares of the company traded hands, compared to its average volume of 226,642. The company has a market cap of $203.10 million, a PE ratio of -7.65 and a beta of 0.83. The stock's 50-day simple moving average is $6.90 and its two-hundred day simple moving average is $9.99. DouYu International has a 1 year low of $5.68 and a 1 year high of $20.17.
DouYu International (NASDAQ:DOYU - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.25) by $0.15. The firm had revenue of $130.54 million during the quarter, compared to analyst estimates of $997.20 million. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of DOYU. Advisors Preferred LLC bought a new stake in shares of DouYu International in the 4th quarter worth about $51,000. Sei Investments Co. bought a new stake in DouYu International in the fourth quarter worth about $195,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of DouYu International during the fourth quarter valued at approximately $206,000. Headlands Technologies LLC boosted its position in shares of DouYu International by 3,409.1% during the fourth quarter. Headlands Technologies LLC now owns 6,948 shares of the company's stock valued at $78,000 after buying an additional 6,750 shares during the period. Finally, Russell Investments Group Ltd. bought a new position in shares of DouYu International during the fourth quarter valued at approximately $2,429,000. 17.86% of the stock is owned by hedge funds and other institutional investors.
About DouYu International
(
Get Free Report)
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
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