HUYA Inc. Sponsored ADR (NYSE:HUYA) Given Average Rating of "Hold" by Brokerages

Key Points

• HUYA Inc. has received an average rating of "Hold" from eight analysts, with one sell rating, six hold ratings, and one buy rating.
• The average target price set by brokerages for HUYA's stock is $4.57, reflecting the assessments of recent analysts' reports.
• Institutional investors own 23.20% of HUYA's stock, indicating a growing interest in the company among large investors.

HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report) has earned an average recommendation of "Hold" from the eight analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $4.5667.

A number of analysts have weighed in on the company. Zacks Research upgraded HUYA to a "hold" rating in a research report on Monday, September 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of HUYA in a research report on Saturday, September 27th.

HUYA Trading Up 0.2%

Shares of NYSE HUYA opened at $3.29 on Friday. The business has a fifty day simple moving average of $3.41 and a 200 day simple moving average of $3.43. HUYA has a one year low of $2.21 and a one year high of $6.43. The firm has a market capitalization of $730.42 million, a price-to-earnings ratio of -36.50 and a beta of 0.69.

Institutional Trading of HUYA

A number of large investors have recently bought and sold shares of the stock. Caxton Associates LLP bought a new stake in shares of HUYA during the first quarter worth $1,264,000. National Bank of Canada FI bought a new stake in shares of HUYA during the first quarter worth $32,000. OMERS ADMINISTRATION Corp bought a new stake in shares of HUYA during the first quarter worth $325,000. Headlands Technologies LLC grew its holdings in shares of HUYA by 16,738.4% during the first quarter. Headlands Technologies LLC now owns 140,937 shares of the company's stock worth $452,000 after purchasing an additional 140,100 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of HUYA during the first quarter worth $110,000. 23.20% of the stock is currently owned by institutional investors.

HUYA Company Profile

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.

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