The stock of HUYA Inc ADR (HUYA) has seen a -3.72% decrease in the past week, with a -8.33% drop in the past month, and a 29.41% flourish in the past quarter. The volatility ratio for the week is 4.70%, and the volatility levels for the past 30 days are at 5.73% for HUYA. The simple moving average for the past 20 days is -4.88% for HUYA’s stock, with a 30.30% simple moving average for the past 200 days.
Is It Worth Investing in HUYA Inc ADR (NYSE: HUYA) Right Now?
Additionally, the 36-month beta value for HUYA is 0.60. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for HUYA is 82.54M and currently, short sellers hold a 1.74% ratio of that float. The average trading volume of HUYA on April 19, 2024 was 1.46M shares.
HUYA) stock’s latest price update
HUYA Inc ADR (NYSE: HUYA) has experienced a decline in its stock price by -2.44 compared to its previous closing price of 4.51. However, the company has seen a fall of -3.72% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-16 that The latest trading day saw HUYA Inc. Sponsored ADR (HUYA) settling at $4.47, representing no change from its previous close.
Analysts’ Opinion of HUYA
Many brokerage firms have already submitted their reports for HUYA stocks, with BofA Securities repeating the rating for HUYA by listing it as a “Buy.” The predicted price for HUYA in the upcoming period, according to BofA Securities is $5.80 based on the research report published on March 25, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see HUYA reach a price target of $3, previously predicting the price at $2.30. The rating they have provided for HUYA stocks is “Neutral” according to the report published on April 14th, 2023.
China Renaissance gave a rating of “Buy” to HUYA, setting the target price at $4.20 in the report published on December 13th of the previous year.
HUYA Trading at 7.50% from the 50-Day Moving Average
After a stumble in the market that brought HUYA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.98% of loss for the given period.
Volatility was left at 5.73%, however, over the last 30 days, the volatility rate increased by 4.70%, as shares sank -1.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.32% upper at present.
During the last 5 trading sessions, HUYA fell by -3.83%, which changed the moving average for the period of 200-days by +22.08% in comparison to the 20-day moving average, which settled at $4.62. In addition, HUYA Inc ADR saw 20.22% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HUYA
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.06 for the gross margin
The net margin for HUYA Inc ADR stands at -0.06. The total capital return value is set at -0.06. Equity return is now at value -1.73, with -1.43 for asset returns.
The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 4.67.
Currently, EBITDA for the company is -656.46 million with net debt to EBITDA at 1.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 43.3for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.77.
Conclusion
In conclusion, HUYA Inc ADR (HUYA) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
