HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report) shares saw strong trading volume on Wednesday . 2,015,179 shares changed hands during mid-day trading, an increase of 5% from the previous session's volume of 1,917,065 shares.The stock last traded at $2.95 and had previously closed at $2.91.
HUYA Trading Up 2.8%
The firm's 50 day moving average is $3.48 and its two-hundred day moving average is $3.51. The stock has a market cap of $752.27 million, a price-to-earnings ratio of -47.71 and a beta of 0.89.
HUYA (NYSE:HUYA - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $207.20 million during the quarter, compared to the consensus estimate of $1.37 billion. HUYA had a negative net margin of 1.90% and a positive return on equity of 1.82%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 EPS. As a group, equities analysts expect that HUYA Inc. Sponsored ADR will post 0.16 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of HUYA. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake 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 in the last quarter. Sei Investments Co. purchased a new stake in shares of HUYA during the fourth quarter valued at $94,000. Norges Bank purchased a new stake in shares of HUYA during the fourth quarter valued at $282,000. Barclays PLC purchased a new stake in shares of HUYA during the fourth quarter valued at $431,000. Finally, Jump Financial LLC purchased a new stake in shares of HUYA during the fourth quarter valued at $129,000. Institutional investors own 23.20% of the company's stock.
About HUYA
(
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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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