Traders Buy Large Volume of HUYA Put Options (NYSE:HUYA)

HUYA Inc. Sponsored ADR (NYSE:HUYA - Get Free Report) was the target of unusually large options trading on Monday. Traders bought 9,136 put options on the company. This represents an increase of approximately 156% compared to the typical volume of 3,563 put options.

Hedge Funds Weigh In On HUYA

Hedge funds have recently bought and sold shares of the company. National Bank of Canada FI bought a new position in HUYA during the 1st quarter worth $32,000. Two Sigma Securities LLC bought a new position in HUYA during the 4th quarter worth approximately $43,000. Vident Advisory LLC lifted its position in shares of HUYA by 39.5% in the 1st 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 period. Virtu Financial LLC bought a new stake in shares of HUYA in the 1st quarter valued at $93,000. Finally, Sei Investments Co. bought a new position in HUYA during the fourth quarter worth $94,000. 23.20% of the stock is owned by institutional investors.

HUYA Stock Performance

Shares of NYSE HUYA traded up $0.15 during trading hours on Thursday, reaching $3.90. 8,323,748 shares of the stock were exchanged, compared to its average volume of 1,621,843. The firm has a market capitalization of $877.27 million, a price-to-earnings ratio of 48.38 and a beta of 0.82. The stock's fifty day simple moving average is $3.68 and its 200 day simple moving average is $3.52. HUYA has a 52 week low of $2.82 and a 52 week high of $6.43.

HUYA (NYSE:HUYA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $207.20 million for the quarter, compared to analyst estimates of $1.37 billion. HUYA had a positive return on equity of 1.82% and a negative net margin of 1.90%. The company's revenue was up .3% on a year-over-year basis. During the same quarter last year, the company earned $0.39 EPS. Research analysts predict that HUYA will post 0.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on HUYA. Daiwa Capital Markets downgraded HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Daiwa America cut shares of HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $4.57.

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.