HUYA Inc ADR (NYSE:HUYA) shares, rose in value on Friday, April 05, with the stock price up by 0.54% to the previous day’s close as strong demand from buyers drove the stock to $4.68.
Actively observing the price movement in the recent trading, the stock is buoying the session at $4.66. The value of beta (5-year monthly) is 0.56. Referring to stock’s 52-week performance, its high was $4.90, and the low was $2.15. On the whole, HUYA has fluctuated by 14.55% over the past month.
With the market capitalization of HUYA Inc ADR currently standing at about $387.45 million, investors are eagerly awaiting this quarter’s results, scheduled for May 14, 2024 – May 20, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0, which is expected to increase to $0 for fiscal year $0.13 and then to about $0.2 by fiscal year 2025. Data indicates that the EPS growth is expected to be 85.70% in 2025, while the next year’s EPS growth is forecast to be 53.80%.
Analysts have estimated the company’s revenue for the quarter at $206.38 million, with a low estimate of $206.38 million and a high estimate of $206.38 million. According to the average forecast, sales growth in current quarter could jump down -24.40%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $928.76 million, representing a decrease of -3.90% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that HUYA’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HUYA currently trading nearly 4.38% and 23.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.68, while the 7-day volatility ratio is showing 4.46% which for the 30-day chart, stands at 6.89%. Furthermore, HUYA Inc ADR (HUYA)’s beta value is 0.60, and its average true range (ATR) is 0.26.
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 0.54% in today’s session so far, and over the past year, it grew by 37.79%%.
Data on historical trading for HUYA Inc ADR (NYSE:HUYA) indicates that the trading volumes over the past 10 days have averaged 1.52 million and over the past 3 months, they’ve averaged 1.56 million. According to company’s latest data on outstanding shares, there are 82.70 million shares outstanding.
Nearly 0.20% of HUYA Inc ADR’s shares belong to company insiders and institutional investors own 59.68% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.35 million shares as on Mar 15, 2024, resulting in a short ratio of 1.69. According to the data, the short interest in HUYA Inc ADR (HUYA) stood at 1.01% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 3.13 million. The stock has risen by 28.01% 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.
