The stock of DouYu International Holdings Ltd ADR (NASDAQ: DOYU) has increased by 13.66 when compared to last closing price of 6.59.Despite this, the company has seen a gain of 2.60% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-22 that DouYu International’s (DOYU) fourth-quarter performance is likely to have benefited from a focus on innovation, regulatory compliance and cultivating a game-centric content ecosystem.
Is It Worth Investing in DouYu International Holdings Ltd ADR (NASDAQ: DOYU) Right Now?
DouYu International Holdings Ltd ADR (NASDAQ: DOYU) has a price-to-earnings ratio that is above its average at 47.65x. The stock has a 36-month beta value of 1.02. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DOYU is 31.63M, and at present, short sellers hold a 4.48% of that float. On April 02, 2024, the average trading volume of DOYU was 102.61K shares.
DOYU’s Market Performance
The stock of DouYu International Holdings Ltd ADR (DOYU) has seen a 2.60% increase in the past week, with a -0.45% drop in the past month, and a -15.99% fall in the past quarter. The volatility ratio for the week is 10.60%, and the volatility levels for the past 30 days are at 7.33% for DOYU. The simple moving average for the past 20 days is 2.16% for DOYU’s stock, with a -17.52% simple moving average for the past 200 days.
Analysts’ Opinion of DOYU
Many brokerage firms have already submitted their reports for DOYU stocks, with JP Morgan repeating the rating for DOYU by listing it as a “Neutral.” The predicted price for DOYU in the upcoming period, according to JP Morgan is $1.20 based on the research report published on April 14, 2023 of the previous year 2023.
Citigroup, on the other hand, stated in their research note that they expect to see DOYU reach a price target of $1.10, previously predicting the price at $1.55. The rating they have provided for DOYU stocks is “Sell” according to the report published on November 22nd, 2022.
JP Morgan gave a rating of “Underweight” to DOYU, setting the target price at $1.20 in the report published on March 14th of the previous year.
DOYU Trading at -1.08% from the 50-Day Moving Average
After a stumble in the market that brought DOYU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.11% of loss for the given period.
Volatility was left at 7.33%, however, over the last 30 days, the volatility rate increased by 10.60%, as shares sank -0.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.37% lower at present.
During the last 5 trading sessions, DOYU rose by +2.60%, which changed the moving average for the period of 200-days by -32.52% in comparison to the 20-day moving average, which settled at $7.33. In addition, DouYu International Holdings Ltd ADR saw -21.16% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DOYU
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.13 for the gross margin
The net margin for DouYu International Holdings Ltd ADR stands at 0.02. The total capital return value is set at -0.01. Equity return is now at value 0.53, with 0.44 for asset returns.
Based on DouYu International Holdings Ltd ADR (DOYU), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -2553988.83. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -9.74.
Currently, EBITDA for the company is -198.88 million with net debt to EBITDA at 41.88. When we switch over and look at the enterprise to sales, we see a ratio of -0.45. The receivables turnover for the company is 45.03for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.86.
Conclusion
To sum up, DouYu International Holdings Ltd ADR (DOYU) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
