HUYA Inc ADR (NYSE: HUYA) Has Been Trading Down. What Are The Prospects For The Future?

RLX

HUYA Inc ADR (NYSE:HUYA) traded at $4.38 at close of the session on Friday, April 26, made a downward move of -0.68% on its previous day’s price.

Looking at the stock we see that its previous close was $4.41 . In terms of its 52-week price range, HUYA has a high of $5.30 and a low of $2.15. The company’s stock has lost about -1.57% over that past 30 days.

HUYA Inc ADR has a market cap of $362.23 million. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at $0.15 for 2024 and $0.21 for next year. These figures represent 114.30% and 40.00% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $210.12 million, with a low of $210.12 million and a high of $210.12 million. The median projection represents growth adding up to -23.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $940.92 million, or -4.40% down from figures reported last year.

On the other hand, looking at the outlook for the HUYA stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Looking further, we note the current price level is -5.40% off its SMA20 and 3.42% from its 50-day simple moving average. The RSI (14) is pointing at 46.70 while the volatility over the past week is 4.69% and jumps to 5.06% over the past one month. The beta value is 0.61, while the average true range (ATR) is currently pointing at 0.25.

Coming back to HUYA Inc ADR (NYSE:HUYA), we note that the average 3-month trading volume was 1.39 million. Current shares outstanding are 82.70 million.

The insiders hold 0.20% of the company’s shares while institutions hold 57.63%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 19.67% up in year-to-date price movement.

Most Popular