Shares of HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $2.21 and last traded at $2.31, with a volume of 9752992 shares trading hands. The stock had previously closed at $3.52.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on HUYA. Daiwa Capital Markets lowered HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Daiwa America lowered shares of HUYA from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, HUYA has a consensus rating of "Hold" and a consensus target price of $4.57.
Get Our Latest Stock Analysis on HUYA
HUYA Trading Up 3.5%
The business has a fifty day moving average of $3.69 and a 200-day moving average of $3.53. The company has a market cap of $568.71 million, a PE ratio of -36.07 and a beta of 0.89.
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, topping 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 firm had revenue of $207.20 million for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the company earned $0.39 EPS. The business's quarterly revenue was up .3% compared to the same quarter last year. As a group, research analysts predict that HUYA Inc. Sponsored ADR will post 0.16 EPS for the current year.
Institutional Trading of HUYA
Several large investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI bought a new stake in HUYA during the 1st quarter valued at approximately $32,000. Two Sigma Securities LLC bought a new position in shares of HUYA in the 4th quarter worth approximately $43,000. Vident Advisory LLC lifted its stake in shares of HUYA by 39.5% in the 1st quarter. Vident Advisory LLC now owns 17,624 shares of the company's stock valued at $57,000 after purchasing an additional 4,993 shares during the period. Virtu Financial LLC bought a new stake in shares of HUYA during the first quarter valued at approximately $93,000. Finally, Sei Investments Co. bought a new stake in shares of HUYA during the fourth quarter valued at approximately $94,000. 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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