JOYY Inc ADR (NASDAQ: YY) has a price-to-earnings ratio that is above its average at 13.41x. The stock has a 36-month beta value of 0.31. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for YY is 37.31M, and at present, short sellers hold a 3.12% of that float. On January 20, 2025, the average trading volume of YY was 498.52K shares.
YY) stock’s latest price update
JOYY Inc ADR (NASDAQ: YY)’s stock price has soared by 3.05 in relation to previous closing price of 41.67. Nevertheless, the company has seen a gain of 11.30% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-09 that JOYY stock surged 21% in 2 days due to its significant buyback increase in Q3. Despite headline numbers appearing weak, the report aligns with management’s goal to shift the business to markets with high monetization potential. Management is strategically shifting focus from China to developed markets. It is cutting marketing expenses to drive bottom line improvement.
YY’s Market Performance
JOYY Inc ADR (YY) has seen a 11.30% rise in stock performance for the week, with a 9.62% gain in the past month and a 27.76% surge in the past quarter. The volatility ratio for the week is 3.39%, and the volatility levels for the past 30 days are at 4.35% for YY. The simple moving average for the past 20 days is 7.25% for YY’s stock, with a 23.79% simple moving average for the past 200 days.
YY Trading at 11.55% from the 50-Day Moving Average
After a stumble in the market that brought YY to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.14% of gains for the given period.
Volatility was left at 4.35%, however, over the last 30 days, the volatility rate increased by 3.39%, as shares surge +9.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.72% upper at present.
During the last 5 trading sessions, YY rose by +11.30%, which changed the moving average for the period of 200-days by +28.99% in comparison to the 20-day moving average, which settled at $40.04. In addition, JOYY Inc ADR saw 2.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at YY starting from Morningside China TMT Special, who proposed sale 142,466 shares at the price of $35.10 back on Sep 05 ’24. After this action, Morningside China TMT Special now owns shares of JOYY Inc ADR, valued at $5,000,000 using the latest closing price.
Morningside China TMT Fund III, the Director of JOYY Inc ADR, proposed sale 13,899 shares at $35.04 during a trade that took place back on Sep 05 ’24, which means that Morningside China TMT Fund III is holding shares at $487,000 based on the most recent closing price.
Stock Fundamentals for YY
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.36 for the gross margin
The net margin for JOYY Inc ADR stands at 0.09. The total capital return value is set at 0.0. Equity return is now at value 3.99, with 2.47 for asset returns.
Based on JOYY Inc ADR (YY), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 2.81.
Currently, EBITDA for the company is 422.42 million with net debt to EBITDA at -1.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.84. The receivables turnover for the company is 17.36for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To sum up, JOYY Inc ADR (YY) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
