The 36-month beta value for HUYA is also noteworthy at 0.59. 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 at present, short sellers hold a 2.54% of that float. The average trading volume of HUYA on May 09, 2024 was 1.38M shares.
HUYA) stock’s latest price update
The stock price of HUYA Inc ADR (NYSE: HUYA) has dropped by -1.93 compared to previous close of 4.67. Despite this, the company has seen a fall of -0.22% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that HUYA Inc. Sponsored ADR (HUYA) closed the most recent trading day at $4.43, moving +0.45% from the previous trading session.
HUYA’s Market Performance
HUYA Inc ADR (HUYA) has seen a -0.22% fall in stock performance for the week, with a -8.22% decline in the past month and a 47.27% surge in the past quarter. The volatility ratio for the week is 3.66%, and the volatility levels for the past 30 days are at 4.40% for HUYA. The simple moving average for the past 20 days is 0.30% for HUYA’s stock, with a 32.56% simple moving average for the past 200 days.
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 3.00% 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 -13.58% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares sank -5.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.58% upper at present.
During the last 5 trading sessions, HUYA fell by -0.22%, which changed the moving average for the period of 200-days by +41.80% in comparison to the 20-day moving average, which settled at $4.55. In addition, HUYA Inc ADR saw 25.14% 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:
- -0.06 for the present operating margin
- 0.12 for the gross margin
The net margin for HUYA Inc ADR stands at -0.03. The total capital return value is set at -0.04. Equity return is now at value -1.73, with -1.43 for asset returns.
The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 4.58.
Currently, EBITDA for the company is -75.8 million with net debt to EBITDA at 2.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.06. The receivables turnover for the company is 32.85for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.77.
Conclusion
In summary, HUYA Inc ADR (HUYA) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
