In the last trading session, 3,630,232 shares of the DouYu International Holdings Limited (NASDAQ:DOYU) were traded, and its beta was 0. Most recently the company’s share price was $10.63, and it changed around $0.25 or 0.02% from the last close, which brings the market valuation of the company to $3.41 Billion. DOYU currently trades at a discount to its 52-week high of $20.54, offering almost -93.23% off that amount. The share price’s 52-week low was $6.9, which indicates that the current value has risen by an impressive 35.09% since then. We note from DouYu International Holdings Limited’s average daily trading volume that its 10-day average is 3.97 Million shares, with the 3-month average coming to 3.86 Million.
DouYu International Holdings Limited stock received a consensus recommendation rating of Hold, based on a mean score of 2.6. If we narrow it down even further, the data shows that none out of 7 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 6 recommended DOYU as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. DouYu International Holdings Limited is expected to report earnings per share of -$0.01 for the current quarter.
DouYu International Holdings Limited (NASDAQ:DOYU): Trading Information
Instantly DOYU has showed a green trend with a performance of 2.41% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $10.88 on Thursday, Apr 01 increased the stock’s daily price by 2.3%. The company’s shares are currently down -0.04% year-to-date, but still up 0.0076 over the last five days. On the other hand, DouYu International Holdings Limited (NASDAQ:DOYU) is -0.28% down in the 30-day period. We can see from the shorts that 7.09 Million shares have been sold at a short interest cover period of 1.84 day (s).
DouYu International Holdings Limited (DOYU) projections and forecasts
DouYu International Holdings Limited share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -24.02 percent over the past six months and at a -176.67% annual growth rate that is well below the industry average of 22.3%. However, despite this, analysts have decided to cut back on their fiscal year 2021 revenue estimates. The rating firms predict that it will lose -107.1% in revenue this quarter, and will report a decline of -87.5% in the next quarter. The year-over-year growth rate is expected to be 7.6%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $332.15 Million in revenue for the current quarter. 4 analysts expect DouYu International Holdings Limited to make $361.32 Million in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $325.14 Million and $371.25 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.2%. Forecasts for the next quarter put sales growth at -2.7%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. DouYu International Holdings Limited earnings are expected to increase by 104.6% in 2021, but the outlook is positive 36.31% per year for the next five years.
DouYu International Holdings Limited (NASDAQ:DOYU)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.78% of DouYu International Holdings Limited shares, and 27.18% of them are in the hands of institutional investors. The stock currently has a share float of 27.67%. DouYu International Holdings Limited stock is held by 208 institutions, with FIL LTD being the largest institutional investor. By Dec 30, 2020, it held 4.06% of the shares, which is about 12.9 Million shares worth $142.64 Million.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
UBS Group AG, with 1.82% or 5.77 Million shares worth $63.85 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Global X Fds-Global X Video Games & Esports ETF and Fidelity Series Emerging Markets Opportunities Fund were the top two Mutual Funds as of Feb 27, 2021. The former held 1838375 shares worth $26.36 Million, making up 0.58% of all outstanding shares. On the other hand, Fidelity Series Emerging Markets Opportunities Fund held roughly 1.6 Million shares worth around $22.92 Million, which represents about 0.5% of the total shares outstanding.