Schonfeld Strategic Advisors LLC acquired a new position in DouYu International Holdings Limited (NASDAQ:DOYU - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 73,200 shares of the company's stock, valued at approximately $821,000. Schonfeld Strategic Advisors LLC owned 0.23% of DouYu International as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Arrowstreet Capital Limited Partnership acquired a new stake in shares of DouYu International in the 4th quarter worth about $206,000. Polymer Capital Management HK LTD acquired a new stake in shares of DouYu International in the 4th quarter worth about $767,000. Russell Investments Group Ltd. acquired a new stake in shares of DouYu International in the 4th quarter worth about $2,429,000. Sei Investments Co. acquired a new stake in shares of DouYu International in the 4th quarter worth about $195,000. Finally, Advisors Preferred LLC acquired a new stake in shares of DouYu International in the 4th quarter worth about $51,000. Institutional investors and hedge funds own 17.86% of the company's stock.
DouYu International Price Performance
DOYU traded up $0.25 during midday trading on Monday, hitting $7.19. 56,688 shares of the company's stock traded hands, compared to its average volume of 230,593. The company has a market cap of $216.99 million, a PE ratio of -8.17 and a beta of 0.83. The stock's fifty day simple moving average is $7.25 and its 200-day simple moving average is $10.36. DouYu International Holdings Limited has a one year low of $5.68 and a one year high of $20.17.
DouYu International (NASDAQ:DOYU - Get Free Report) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.31) earnings per share for the quarter, beating the consensus estimate of ($2.18) by $1.87. The firm had revenue of $155.65 million for the quarter, compared to analyst estimates of $1.05 billion. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.92%.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on DOYU. HSBC upgraded shares of DouYu International from a "reduce" rating to a "hold" rating in a research report on Monday, March 17th. Hsbc Global Res upgraded shares of DouYu International from a "moderate sell" rating to a "hold" rating in a research report on Monday, March 17th. Finally, Citigroup raised shares of DouYu International from a "sell" rating to a "neutral" rating and upped their price target for the company from $5.90 to $10.50 in a report on Tuesday, March 18th.
Check Out Our Latest Research Report on DouYu International
DouYu International Profile
(
Free Report)
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
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