HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report) shares saw an uptick in trading volume on Wednesday . 1,817,942 shares traded hands during mid-day trading, an increase of 14% from the previous session's volume of 1,593,946 shares.The stock last traded at $4.06 and had previously closed at $3.75.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on HUYA. Daiwa America downgraded HUYA from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 18th. Daiwa Capital Markets downgraded HUYA from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 18th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, HUYA currently has a consensus rating of "Hold" and an average target price of $4.57.
View Our Latest Report on HUYA
HUYA Price Performance
The stock has a 50 day simple moving average of $3.71 and a two-hundred day simple moving average of $3.53. The company has a market cap of $836.73 million, a PE ratio of -53.06 and a beta of 0.82.
HUYA (NYSE:HUYA - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. HUYA had a positive return on equity of 1.82% and a negative net margin of 1.90%. The company had revenue of $207.20 million during the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the previous year, the business earned $0.39 earnings per share. The firm's revenue for the quarter was up .3% on a year-over-year basis. As a group, equities analysts anticipate that HUYA Inc. Sponsored ADR will post 0.16 EPS for the current fiscal year.
Institutional Investors Weigh In On HUYA
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HUYA. National Bank of Canada FI purchased a new stake in HUYA in the first quarter valued at approximately $32,000. Two Sigma Securities LLC purchased a new stake in shares of HUYA during the fourth quarter worth approximately $43,000. Vident Advisory LLC raised its stake in shares of HUYA by 39.5% during the first quarter. Vident Advisory LLC now owns 17,624 shares of the company's stock worth $57,000 after purchasing an additional 4,993 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of HUYA during the first quarter worth approximately $93,000. Finally, Sei Investments Co. purchased a new stake in shares of HUYA during the fourth quarter worth approximately $94,000. Hedge funds and other institutional investors own 23.20% of the company's stock.
About HUYA
(
Get Free Report)
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.
Featured Articles
Before you consider HUYA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HUYA wasn't on the list.
While HUYA currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
