HUYA (NYSE:HUYA) Shares Down 0.8% - Time to Sell?

Key Points

• Shares slipped 0.8% to $3.065 mid‑day with volume of 428,157 shares (down 43% vs. average), leaving the stock trading near its recent 50‑ and 200‑day moving averages (~$3.38 and $3.29).
• Analysts hold a consensus "Hold" rating with an average target of $3.45, while individual opinions range from Strong Buy to Sell and recent notes include a Zacks downgrade and a Weiss sell rating.
• HUYA reported quarterly EPS of ($0.01) and a negative net margin (-1.77%), with a market cap of about $685M and a negative P/E (-51.07), signaling ongoing profitability pressure despite a modest positive EPS forecast for the year.

HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report)'s stock price fell 0.8% during mid-day trading on Monday . The company traded as low as $3.03 and last traded at $3.0650. 428,157 shares changed hands during trading, a decline of 43% from the average session volume of 752,354 shares. The stock had previously closed at $3.09.

Analyst Ratings Changes

HUYA has been the topic of a number of recent research reports. Morgan Stanley set a $3.40 target price on HUYA in a research note on Wednesday, February 25th. Zacks Research lowered HUYA from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 30th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of HUYA in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $3.45.

HUYA Stock Performance

The firm has a market cap of $685.12 million, a P/E ratio of -51.07 and a beta of 1.01. The stock has a fifty day simple moving average of $3.38 and a 200 day simple moving average of $3.29.

HUYA (NYSE:HUYA - Get Free Report) last announced its quarterly earnings results on Sunday, February 15th. The company reported ($0.01) earnings per share (EPS) for the quarter. HUYA had a negative net margin of 1.77% and a positive return on equity of 0.50%. The business had revenue of $248.48 million for the quarter. Research analysts predict that HUYA Inc. Sponsored ADR will post 0.14 earnings per share for the current year.

HUYA declared that its Board of Directors has authorized a share buyback program on Wednesday, March 18th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Institutional Trading of HUYA

A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its holdings in shares of HUYA by 8.6% during the third quarter. Public Employees Retirement System of Ohio now owns 245,295 shares of the company's stock valued at $817,000 after purchasing an additional 19,353 shares during the last quarter. SG Americas Securities LLC boosted its holdings in HUYA by 92.1% in the third quarter. SG Americas Securities LLC now owns 85,796 shares of the company's stock worth $286,000 after purchasing an additional 41,138 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in HUYA by 10.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,694 shares of the company's stock worth $497,000 after purchasing an additional 14,456 shares during the period. 23.20% of the stock is currently owned by institutional investors.

HUYA Company Profile

HUYA Inc is a leading interactive live streaming platform based in Guangzhou, China, primarily focused on video game and esports content. The company operates a proprietary technology platform that enables users to broadcast and view live gameplay, participate in real-time chat, and engage with hosts through virtual gifting. Its services are accessible via web browsers, desktop applications and mobile apps for both iOS and Android.

At the core of HUYA's business are user-generated live streams hosted by professional gamers, influencers and esports organizations.

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