HUYA Inc ADR (NYSE:HUYA) price on Friday, May 31, fall -6.10% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.93.
A look at the stock’s price movement, the level at last check in today’s session was $5.25. Turning to its 52-week performance, $6.84 and $1.84 were the 52-week high and 52-week low respectively. Overall, HUYA moved 25.49% over the past month.
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HUYA Inc ADR’s market cap currently stands at around $381.14 million. The company has a Forward Dividend ratio of 0.00, with its dividend yield at 0.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 211.19M for the company’s revenue for the quarter, with a low and high estimate of 209.7M and 209.7M respectively. The average forecast suggests down to a -22.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 932.34M, representing a -5.10% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HUYA is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
HUYA’s current price about -2.70% and 12.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.65, while 7-day volatility ratio is 5.10% and 7.06% in the 30-day chart. Further, HUYA Inc ADR (HUYA) has a beta value of 0.64, and an average true range (ATR) of 0.32.
If we refocus on HUYA Inc ADR (NYSE:HUYA), historical trading data shows that trading volumes averaged 1.87 million over the past 3 months. The company’s latest data on shares outstanding shows there are 82.70 million shares.
The 0.20% of HUYA Inc ADR’s shares are in the hands of company insiders while institutional holders own 57.63% of the company’s shares. Current price change has pushed the stock 57.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HUYA stock continues to rise going into the next quarter.
