HUYA Inc. (NYSE:HUYA)’s -5.03% Fall This Week Just Tells Us Something New

During the recent session, HUYA Inc. (NYSE:HUYA)’s traded shares were 2,557,418, with the beta value of the company hitting 0. At the last check, the stock’s price was $18.54, reflecting an intraday loss of -0.48% or -$0.09. The 52-week high for the HUYA share is $36.33, that puts it down -95.95% from that peak though still a striking +21.79% gain since the share price plummeted to a 52-week low of $14.5. The company’s market capitalization is $4.38 Billion, and the average intraday trading volume over the past 10 days was 3.6 Million shares, and the average trade volume was 3.34 Million shares over the past three months.

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HUYA Inc. (HUYA) received a consensus recommendation of Overweight from analysts. That translates to a mean rating of 2.5. HUYA has a Sell rating from none of the analyst(s) out of 13 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 6 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.16.

HUYA Inc. (NYSE:HUYA): Trading Information

HUYA Inc. (HUYA) registered a -0.48% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 8.23% in intraday trading to $20.16 this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -5.03%, and it has moved by -24.06% in 30 days. Despite these dips, the overall price performance for the year is -7.18%. The short interest in HUYA Inc. (NYSE:HUYA) is 26.53 Million shares and it means that shorts have 7.94 day(s) to cover.

HUYA Inc. (HUYA) projections and forecasts

Revenue for the current quarter is expected to be $407.91 Million as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $451.94 Million by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $344.87 Million and $399.24 Million respectively. In this case, analysts expect current quarter sales to grow by 18.3% and then jump by 13.2% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 113.4% in 2021, the next five years will return 6.58% per annum.

HUYA Inc. (NYSE:HUYA)’s Biggest Investors

HUYA Inc. insiders own 2.38% of total outstanding shares while institutional holders control 121.07%, with the float percentage being 124.02%. Morgan Stanley is the largest shareholder of the company, while 268 institutions own stock in it. As of Dec 30, 2020, the company held over 22.1 Million shares (or 26.64% of all shares), a total value of $440.37 Million in shares.

The next largest institutional holding, with 11.6 Million shares, is of ARK Investment Management, LLC’s that is approximately 13.99% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $231.21 Million.


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Also, the Mutual Funds coming in first place with the largest holdings of HUYA Inc. (HUYA) shares are ARK ETF Tr-ARK Innovation ETF and Fundamental Investors Inc. Data provided on Feb 27, 2021 indicates that ARK ETF Tr-ARK Innovation ETF owns about 6,571,487 shares. This amounts to just over 7.92 percent of the company’s overall shares, with a $173.16 Million market value. The same data shows that the other fund manager holds slightly less at 4.55 Million, or about 5.49% of the stock, which is worth about $90.68 Million.

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