HUYA Inc. (NYSE:HUYA) saw a downside of -4.47% to close Monday at $2.99 after subtracting -$0.14 on the day. The 5-day average trading volume is 2,032,160 shares of the company’s common stock. It has gained $3.30 in the past week and touched a new high 1 time within the past 5 days. An average of 2,033,165 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,717,340.
HUYA’s 1-month performance is -14.57% or -$0.51 on its low of $2.96 reached on 08/07/23. The company’s shares have touched a 52-week low of $1.64 and high of $6.49, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, HUYA has lost -24.30% or -$0.96 and has reached a new high 8 times. However, the current price is down -53.96% from the 52-week high price.
Valuation Metrics
HUYA stock has a beta of 0.80. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.59 while the price-to-book (PB) in the most recent quarter is 0.49.
HUYA Inc.’s quick ratio for the period ended March 30 was 5.70, with the current ratio over the same period at 5.70. In terms of profitability, the gross margin trailing 12 months is 6.10%. The firm’s gross profit as reported stood at $88.57 million against revenue of $1.34 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, HUYA Inc.’s cash and short-term investments amounted to $1.31 billion against total debt of $29.86 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 229.78% to -$70.56 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected HUYA to announce $0 per share in earnings in its latest quarter, but it posted $0.05. EBITDA for the quarter stood at more than -$7.38 million. HUYA stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 281.94 million, with total debt at $29.86 million.
Let’s look briefly at HUYA Inc. (HUYA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 40.83% to suggest the stock is trending Neutral, with historical volatility in this time period at 84.82%.
The stock’s 5-day moving average is $3.08, reflecting a -12.83% or -$0.44 change from its current price. HUYA is currently trading -14.57% above its 20-day SMA, -25.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -11.80% and SMA200 by+43.75%.
Stochastic %K and %D was 22.37% and 20.45% and the average true range (ATR) pointed at 0.19. The RSI (14) points at 42.40%, while the 14-day stochastic is at 6.25% with the period’s ATR at 0.19. The stock’s 9-day MACD Oscillator is pointing at -0.06 and -0.06 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for HUYA Inc. (NYSE: HUYA), JP Morgan upgraded it to a Neutral rating. They previously had an Underweight rating on the stock.
