HUYA Inc. Sponsored ADR (NYSE:HUYA – Get Free Report) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,543,386 shares, an increase of 49.1% from the February 26th total of 3,046,905 shares. Based on an average daily trading volume, of 1,065,962 shares, the short-interest ratio is currently 4.3 days. Currently, 2.1% of the company’s stock are short sold.
HUYA Price Performance
HUYA stock traded down $0.12 during trading hours on Friday, hitting $3.03. The company had a trading volume of 641,123 shares, compared to its average volume of 1,610,820. The firm has a 50-day moving average of $3.78 and a 200 day moving average of $3.31. The firm has a market cap of $675.82 million, a PE ratio of -50.41 and a beta of 0.89. HUYA has a one year low of $2.21 and a one year high of $4.93.
HUYA (NYSE:HUYA – Get Free Report) last posted its earnings results on Sunday, February 15th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $248.48 million during the quarter. HUYA had a negative net margin of 1.77% and a positive return on equity of 0.50%. As a group, research analysts expect that HUYA will post 0.16 earnings per share for the current year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on HUYA shares. Zacks Research raised shares of HUYA from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Morgan Stanley set a $3.40 price objective on HUYA in a research report on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of HUYA in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, HUYA currently has an average rating of “Buy” and a consensus price target of $3.45.
Institutional Trading of HUYA
A number of institutional investors have recently bought and sold shares of HUYA. Loomis Sayles & Co. L P boosted its position in shares of HUYA by 327.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock worth $36,000 after acquiring an additional 7,867 shares in the last quarter. SG Americas Securities LLC lifted its stake in HUYA by 92.1% during the third quarter. SG Americas Securities LLC now owns 85,796 shares of the company’s stock worth $286,000 after purchasing an additional 41,138 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of HUYA by 10.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,694 shares of the company’s stock valued at $497,000 after purchasing an additional 14,456 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of HUYA by 8.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 245,295 shares of the company’s stock valued at $817,000 after purchasing an additional 19,353 shares during the last quarter. Institutional investors own 23.20% of the company’s stock.
About HUYA
HUYA Inc is a leading interactive live streaming platform based in Guangzhou, China, primarily focused on video game and esports content. The company operates a proprietary technology platform that enables users to broadcast and view live gameplay, participate in real-time chat, and engage with hosts through virtual gifting. Its services are accessible via web browsers, desktop applications and mobile apps for both iOS and Android.
At the core of HUYA’s business are user-generated live streams hosted by professional gamers, influencers and esports organizations.
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