HUYA Inc ADR (NYSE: HUYA) has experienced a rise in its stock price by 0.57 compared to its previous closing price of 4.40. However, the company has seen a fall of -0.78% in its stock price over the last five trading days. 247wallst.com reported 2024-08-16 that Penny stocks are attractive for many investors.
Is It Worth Investing in HUYA Inc ADR (NYSE: HUYA) Right Now?
Company’s 36-month beta value is 0.60.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for HUYA is 75.98M, and currently, short sellers hold a 4.05% ratio of that floaft. The average trading volume of HUYA on August 19, 2024 was 1.43M shares.
HUYA’s Market Performance
HUYA’s stock has seen a -0.78% decrease for the week, with a 9.53% rise in the past month and a -26.25% fall in the past quarter. The volatility ratio for the week is 7.40%, and the volatility levels for the past 30 days are at 5.12% for HUYA Inc ADR The simple moving average for the past 20 days is 2.21% for HUYA’s stock, with a 19.51% simple moving average for the past 200 days.
Analysts’ Opinion of HUYA
Many brokerage firms have already submitted their reports for HUYA stocks, with Citigroup repeating the rating for HUYA by listing it as a “Buy.” The predicted price for HUYA in the upcoming period, according to Citigroup is $6 based on the research report published on August 14, 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 $9. The rating they have provided for HUYA stocks is “Overweight” according to the report published on May 20th, 2024.
HUYA Trading at 3.19% 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 -35.31% of loss for the given period.
Volatility was left at 5.12%, however, over the last 30 days, the volatility rate increased by 7.40%, as shares surge +1.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.38% lower at present.
During the last 5 trading sessions, HUYA fell by -0.78%, which changed the moving average for the period of 200-days by +41.37% in comparison to the 20-day moving average, which settled at $4.33. In addition, HUYA Inc ADR saw 41.26% 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:
- -0.07 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 -1.57, with -1.32 for asset returns.
Currently, EBITDA for the company is -75.8 million with net debt to EBITDA at 2.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 28.08for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
In a nutshell, HUYA Inc ADR (HUYA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
