The stock of HUYA Inc. (NYSE:HUYA) increased by $0.29 on Monday to $2.75, up 11.79 percent. The last five days have seen an average of 1,632,084 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$1.18. The average number of shares traded over the last 20 days was 1,647,116, while the average volume over the last 50 days totaled 1,776,398.
HUYA stock dropped -14.33% since last month. On 08/21/23, the company’s shares reached a one-month low of $2.15. The stock touched a high of $6.49 on 02/02/23, after rallying from a low of $1.64 in 52 weeks. The price of HUYA stock has declined by -30.38% or -$1.18 this year, reaching a new high 8 times. Still, the stock price is down -57.66% from the 52-week high.
Valuation Metrics
Beta for the stock is 0.86. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.62, the price-to-book (PB) ratio of 0.41.
Financial Health
For the three months ended June 29, HUYA Inc.’s quick ratio was 5.10, while its current ratio was 5.10, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 7.10% percent. HUYA Inc.’s EBITDA margin for the year ended June 29 was -8.13%, whereas its operating margin stood at -9.30% for the same period. Based on annual data, it had gross profit of $88.57 million and revenue of $1.34 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HUYA’s return on assets (ROA) during the last 12 months has been -3.00%. There was a -7.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -3.60%.
Earnings Surprise
According to HUYA Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.34 billion, while revenues fell by -33.25% to $0.0. It was predicted that HUYA Inc.’s quarterly earnings would be $0.07, but it ended up being $0.02. EBITDA was -$3.97 million for the quarter. At the end of HUYA Inc.’s most recent quarter ended June 29, its liabilities totaled 274.41 million, while its total debt was $21.37 million.
Technical Picture
Here’s a quick look at HUYA Inc.’s (HUYA) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 55.34%, suggesting the stock is Neutral, with a 106.40% historical volatility rate.
The stochastic %K and %D were 50.70% and 38.99% respectively, while the average true range (ATR) was 0.18. Based on the 14-day stochastic reading of 71.10%, the RSI (14) reading is 49.78%. On the 9-day MACD Oscillator, the stock is at 0.18, and the 14-day reading is at 0.05.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on HUYA Inc. (NYSE: HUYA) to a Neutral. Prior to this, analysts firm rated the stock as an Underweight. Analysts have assigned HUYA Inc. (HUYA) an Hold rating. HUYA is a stock that is recommended for selling by 2 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 4 others recommend it as a buy.
What is HUYA’s price target for the next 12 months?
The current consensus forecast for the stock is between $16.81 and $45.90, with a median target price of $21.86. In analyzing these forecasts, the average price target given by analysts for HUYA Inc. (HUYA) is $25.11.
