At the last check on Thursday, HUYA Inc.’s (NYSE:HUYA) stock traded at $2.66. The average number of shares traded per day over the past five days has been 1,671,847 shares. 2 times new highs have been achieved over the past 5 days, with a $0.05 gain in that time frame. In the last twenty days, the average volume was 1,726,472, while in the previous 50 days, it was 1,748,699.
Since last month, HUYA stock retreated -10.87%. Shares of the company fell to $2.15 on 08/21/23, the lowest level in the past month. A 52-week high of $6.49 was reached on 02/02/23 after having rallying from a 52-week low of $1.64. Since the beginning of this year, HUYA’s stock price has dropped by -32.53% or -$1.30, and marked a new high 8 times. However, the stock has declined by -58.97% since its 52-week high.
Valuation Metrics
The stock’s beta is 0.82. Besides these, the trailing price-to-sales (P/S) ratio of 0.60, the price-to-book (PB) ratio of 0.40.
Financial Health
In the three months ended June 29, HUYA Inc.’s quick ratio stood at 5.10, while its current ratio was 5.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 7.10% percent. In the year ended June 29, operating margins totaled -9.30%. Based on annual data, HUYA earned $88.57 million in gross profit and brought in $1.34 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -7.30%. Return on equity (ROE) for the past 12 months was -3.60%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. HUYA’s revenue fell -33.25% during the quarter, while net income inched up to $1.34 billion. While analysts expected HUYA Inc. to report $0.02 quarterly earnings, the actual figure was $0.06 per share. During the quarter, the company generated -$3.97 million in EBITDA. The liabilities of HUYA Inc. were 274.41 million at the end of its most recent quarter ended June 29, and its total debt was $21.37 million.
Technical Picture
This quick technical analysis looks at HUYA Inc.’s (HUYA) price momentum. With a historical volatility rate of 81.68%, the RSI 9-day stood at 50.01% on 30 August.
With respect to its five-day moving average, the current HUYA Inc. price is up by +1.72% percent or $0.05. At present, HUYA shares trade -14.63% below its 20-day simple moving average and -17.03% percent below its 100-day simple moving average. However, the stock is currently trading approximately -29.95% below its SMA50 and +21.79% above its SMA200.
Stochastic coefficient K was 71.52% and Stochastic coefficient D was 65.63%, while ATR was 0.18. Given the Stochastic reading of 71.94% for the 14-day period, the RSI (14) reading has been calculated as 46.55%. As of today, the MACD Oscillator reading stands at 0.16, while the 14-day reading stands at 0.17.
Analyst Ratings
JP Morgan upgraded its rating on HUYA Inc. (NYSE: HUYA) to a Neutral in a note to investors on April 14, 2023. The analysts firm previously had an Underweight rating on the stock.HUYA Inc. (HUYA) has been rated Hold by analysts. According to 2 brokerage firms, HUYA is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate HUYA Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $21.13, the current consensus forecast for the stock is $16.81 – $45.90. Based on these forecasts, analysts predict HUYA Inc. (HUYA) will achieve an average price target of $24.88.
