HUYA Inc. (NYSE:HUYA) Given Consensus Rating of "Hold" by Analysts

Shares of HUYA Inc. (NYSE:HUYA - Get Free Report) have received a consensus rating of "Hold" from the six analysts that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $4.57.

Several brokerages have recently issued reports on HUYA. Daiwa America cut shares of HUYA from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 18th. Daiwa Capital Markets cut shares of HUYA from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 18th.

HUYA Stock Up 1.2%

Shares of HUYA stock traded up $0.05 on Friday, hitting $3.84. The stock had a trading volume of 450,641 shares, compared to its average volume of 1,608,541. HUYA has a one year low of $2.82 and a one year high of $6.43. The stock has a market cap of $863.76 million, a price-to-earnings ratio of -42.61 and a beta of 0.81. The stock's 50-day simple moving average is $3.48 and its two-hundred day simple moving average is $3.45.

HUYA (NYSE:HUYA - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The firm had revenue of $207.20 million for the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter last year, the business earned $0.39 earnings per share. The business's revenue was up .3% on a year-over-year basis. As a group, equities analysts predict that HUYA will post 0.16 EPS for the current fiscal year.

HUYA Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a $1.47 dividend. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's dividend payout ratio (DPR) is currently -2,042.86%.

Hedge Funds Weigh In On HUYA

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its position in HUYA by 2.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 142,865 shares of the company's stock valued at $439,000 after buying an additional 3,545 shares during the period. Vident Advisory LLC lifted its position in HUYA by 39.5% during the first quarter. Vident Advisory LLC now owns 17,624 shares of the company's stock valued at $57,000 after buying an additional 4,993 shares during the period. Formidable Asset Management LLC lifted its position in HUYA by 7.2% during the fourth quarter. Formidable Asset Management LLC now owns 108,000 shares of the company's stock valued at $332,000 after buying an additional 7,300 shares during the period. National Bank of Canada FI purchased a new position in HUYA during the first quarter valued at $32,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in HUYA by 27.1% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,550 shares of the company's stock valued at $195,000 after buying an additional 13,544 shares during the period. Hedge funds and other institutional investors own 23.20% of the company's stock.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.