In recent trading session, HUYA Inc ADR (NYSE:HUYA) saw 1.44 million shares changing hands at last check today with its beta currently measuring 0.58. Company’s recent per share price level of $4.36 trading at -$0.44 or -9.17% at last check today assigns it a market valuation of $360.55M. That most recent trading price of HUYA’s stock is at a discount of -12.39% from its 52-week high price of $4.90 and is indicating a premium of 50.69% from its 52-week low price of $2.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.38 million shares which gives us an average trading volume of 1.58 million if we extend that period to 3-months.
HUYA Inc ADR (NYSE:HUYA) trade information
Upright in the red during last session for losing -9.17%, in the last five days HUYA remained trading in the red while hitting it’s week-highest on Wednesday, 03/20/24 when the stock touched $4.36 price level, adding 9.17% to its value on the day. HUYA Inc ADR’s shares saw a change of 19.12% in year-to-date performance and have moved -3.55% in past 5-day. HUYA Inc ADR (NYSE:HUYA) showed a performance of 37.10% in past 30-days. Number of shares sold short was 1.58 million shares which calculate 1.53 days to cover the short interests.
HUYA Inc ADR (HUYA) estimates and forecasts
Statistics highlight that HUYA Inc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 71.64% of value to its shares in past 6 months, showing an annual growth rate of -57.14% while that of industry is 23.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -5.40% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $207.42 million for the same. And 1 analysts are in estimates of company making revenue of $222.6 million in the next quarter that will end on Jun 2024. Company posted $272.92 million and $249.43 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -24.00% while estimating it to be -10.80% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 44.57% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 169.00% while estimates for its earnings growth in next 5 years are of -6.68%.
HUYA Dividends
HUYA Inc ADR is more likely to be releasing its next quarterly report between May 14 and May 20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
HUYA Inc ADR (NYSE:HUYA)’s Major holders
Insiders are in possession of 0.83% of company’s total shares while institution are holding 59.37 percent of that, with stock having share float percentage of 59.86%. Investors also watch the number of corporate investors in a company very closely, which is 59.37% institutions for HUYA Inc ADR that are currently holding shares of the company. Nuveen Asset Management, LLC is the top institutional holder at HUYA for having 9.76 million shares of worth $42.39 million. And as of Dec 30, 2023, it was holding 11.14% of the company’s outstanding shares.
The second largest institutional holder is Point72 Asia (Hong Kong) Ltd, which was holding about 4.55 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 5.20% of outstanding shares, having a total worth of $19.78 million.
On the other hand, College Retirement Equities Fund-Stock Account and TIAA-CREF Funds-Emerging Markets Equity Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 5.91 million shares of worth $25.67 million or 6.75% of the total outstanding shares. The later fund manager was in possession of 3.78 million shares on Oct 30, 2023, making its stake of worth around $16.43 million in the company or a holder of 4.32% of company’s stock.
