DouYu International Holdings Limited (NASDAQ:DOYU) has seen 1.81 million shares traded in the last trading session. The company, currently valued at $1.38B, closed the last trade at $4.23 per share which meant it lost -$0.01 on the day or -0.24% during that session. The DOYU stock price is -385.58% off its 52-week high price of $20.54 and 31.68% above the 52-week low of $2.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.31 million shares traded. The 3-month trading volume is 5.72 million shares.
The consensus among analysts is that DouYu International Holdings Limited (DOYU) is an Overweight stock at the moment, with a recommendation rating of 2.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 9 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.34.
DouYu International Holdings Limited (NASDAQ:DOYU) trade information
Sporting -0.24% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the DOYU stock price touched $4.23 or saw a rise of 7.24%. Year-to-date, DouYu International Holdings Limited shares have moved -61.75%, while the 5-day performance has seen it change 11.90%. Over the past 30 days, the shares of DouYu International Holdings Limited (NASDAQ:DOYU) have changed 16.21%. Short interest in the company has seen 7.34 million shares shorted with days to cover at 1.23.
Wall Street analysts have a consensus price target for the stock at $30.34, which means that the shares’ value could jump 86.06% from current levels. The projected low price target is $21.25 while the price target rests at a high of $45.33. In that case, then, we find that the current price level is -971.63% off the targeted high while a plunge would see the stock gain -402.36% from current levels.
DouYu International Holdings Limited (DOYU) estimates and forecasts
Figures show that DouYu International Holdings Limited shares have underperformed across the wider relevant industry. The company’s shares have lost -68.60% over the past 6 months, with this year growth rate of -163.33%, compared to 23.60% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -312.50% and -666.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 544.20%.
6 analysts offering their estimates for the company have set an average revenue estimate of $2.34 billion for the current quarter. 3 have an estimated revenue figure of $2.46 billion for the next quarter concluding in Sep 2021.
Earnings growth for 2021 is a modest -466.70% while over the next 5 years, the company’s earnings are expected to increase by 36.31%.
DouYu International Holdings Limited is expected to release its next earnings report between August 09 and August 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
DouYu International Holdings Limited (NASDAQ:DOYU)’s Major holders
Insiders own 1.72% of the company shares, while shares held by institutions stand at 30.07% with a share float percentage of 30.60%. Investors are also buoyed by the number of investors in a company, with DouYu International Holdings Limited having a total of 225 institutions that hold shares in the company. The top two institutional holders are Capital Research Global Investors with over 11.55 million shares worth more than $78.97 million. As of Jun 29, 2021, Capital Research Global Investors held 3.56% of shares outstanding.
The other major institutional holder is Infini Master Fund, with the holding of over 8.41 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $57.52 million and represent 2.59% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and American Funds Insurance Ser-Global Small Capitalization Fund. As of Mar 30, 2021, the former fund manager holds about 2.88% shares in the company for having 9.34 million shares of worth $97.2 million while later fund manager owns 1.44 million shares of worth $9.82 million as of Jun 29, 2021, which makes it owner of about 0.44% of company’s outstanding stock.