HUYA Inc ADR (NYSE:HUYA) shares, rose in value, with the stock price up by 3.20% to the previous day’s close as strong demand from buyers drove the stock to $3.55.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.44, falling within a range of $3.48 and $3.62. The value of beta (5-year monthly) is 0.612. Referring to stock’s 52-week performance, its high was $5.53, and the low was $2.03. On the whole, HUYA has fluctuated by 17.94% over the past month.
With the market capitalization of HUYA Inc ADR currently standing at about $267.88 million, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.00, with its dividend yield at 0.00%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.1B, with a low estimate of 1.49B and a high estimate of 1.63B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.53B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HUYA’s technical picture suggests that short-term indicators denote the stock is a 25% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HUYA currently trading nearly 13.45% and 13.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.26, while the 7-day volatility ratio is showing 6.72% which for the 30-day chart, stands at 4.08%. Furthermore, HUYA Inc ADR (HUYA)’s beta value is 0.65, and its average true range (ATR) is 0.15.
A comparison of HUYA Inc ADR (HUYA) with its peers suggests the former has fared considerably weaker in the market. HUYA showed an intraday change of 3.20% in today’s session so far, and over the past year, it grew by 64.82%%.
Data on historical trading for HUYA Inc ADR (NYSE:HUYA) indicates that the trading volumes over the past 10 days have averaged 1.74 and over the past 3 months, they’ve averaged 1.44 million. According to company’s latest data on outstanding shares, there are 75.46 million shares outstanding.
Nearly 0.20% of HUYA Inc ADR’s shares belong to company insiders and institutional investors own 58.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.27 million shares as on 2024-10-15, resulting in a short ratio of 0.57. According to the data, the short interest in HUYA Inc ADR (HUYA) stood at 167.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 2.26 million. The stock has risen by 15.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HUYA stock heading into the next quarter.
