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.
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.
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.
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.