HUYA Inc ADR (NYSE:HUYA) price on current trading day, rose 7.43% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.26.
A look at the stock’s price movement, the level at last check in today’s session was $3.03, moving within a range at $3.1912 and $3.5. The beta value (5-Year monthly) was 0.612. Turning to its 52-week performance, $5.53 and $2.03 were the 52-week high and 52-week low respectively. Overall, HUYA moved 4.66% over the past month.
HUYA Inc ADR’s market cap currently stands at around $245.62 million, with investors looking forward to this quarter’s earnings report slated for in February. 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 1.53B for the company’s revenue for the quarter, with a low and high estimate of 1.49B and 1.63B respectively. The average forecast suggests up to a 0.21% 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 6.1B, representing a -12.77% 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% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend HUYA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HUYA’s current price about 7.58% and 4.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.73, while 7-day volatility ratio is 3.48% and 3.35% in the 30-day chart. Further, HUYA Inc ADR (HUYA) has a beta value of 0.64, and an average true range (ATR) of 0.15. Analysts have given the company’s stock an average 52-week price target of $5.35, forecast between a low of $4.7 and high of $6. Looking at the price targets, the low is -44.17% off recent price level in today’s trading while to achieve the yearly target high, it has to move -84.05%. Nonetheless, investors will most likely welcome a -64.11% jump to $5.35 which is the analysts’ median price.
If we refocus on HUYA Inc ADR (NYSE:HUYA), historical trading data shows that trading volumes averaged 1.0 over the past 10 days and 1.41 million over the past 3 months. The company’s latest data on shares outstanding shows there are 75.46 million shares.
The 0.20% of HUYA Inc ADR’s shares are in the hands of company insiders while institutional holders own 57.06% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.27 million on 2024-10-15, giving us a short ratio of 0.57. The data shows that as of 2024-10-15 short interest in HUYA Inc ADR (HUYA) stood at 167.0 of shares outstanding, with shares short falling to 2.26 million registered in 2024-09-13. Current price change has pushed the stock 6.03% 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.
