HUYA Inc ADR (NYSE:HUYA) price on current trading day, rose 6.40% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.99.
A look at the stock’s price movement, the close in the last trading session was $3.75. Turning to its 52-week performance, $5.53 and $2.33 were the 52-week high and 52-week low respectively. Overall, HUYA moved 13.03% over the past month.
HUYA Inc ADR’s market cap currently stands at around $301.09 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 1.53B for the company’s revenue for the quarter, with a low and high estimate of 1.48B and 1.63B respectively. The average forecast suggests down to a -0.13% 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 -12.81% 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 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold 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 6.34% and 17.66% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.38, while 7-day volatility ratio is 6.24% and 5.44% in the 30-day chart. Further, HUYA Inc ADR (HUYA) has a beta value of 0.74, and an average true range (ATR) of 0.22. Analysts have given the company’s stock an average 52-week price target of $4.7, forecast between a low of $4.7 and high of $4.7. Looking at the price targets, the low is -17.79% off current price level while to achieve the yearly target high, price needs to move -17.79%. Nonetheless, investors will most likely welcome a -17.79% jump to $4.7 which is the analysts’ median price.
If we refocus on HUYA Inc ADR (NYSE:HUYA), historical trading data shows that trading volumes averaged 1.21 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 45.23% of the company’s shares. Current price change has pushed the stock 29.97% 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.
