HUYA Inc ADR (NYSE: HUYA) Recovered 51.69% From The 52-Week Low, And Now It’s 21.58% YTD – This Is What You Do Now

HUYA Inc ADR (NYSE:HUYA)’s traded shares stood at 1.38 million during the last session, with the company’s beta value hitting 0.57. At the close of trading, the stock’s price was $4.45, to imply an increase of 1.60% or $0.07 in intraday trading. The HUYA share’s 52-week high remains $4.90, putting it -10.11% down since that peak but still an impressive 51.69% since price per share fell to its 52-week low of $2.15. The company has a valuation of $368.01M, with an average of 1.98 million shares in intraday trading volume over the past 10 days and average of 1.56 million shares over the past 3 months.

HUYA Inc ADR (NYSE:HUYA) trade information

After registering a 1.60% upside in the last session, HUYA Inc ADR (HUYA) has traded red over the past five days. The stock hit a weekly high of 4.74, jumping 1.60% in its intraday price action. The 5-day price performance for the stock is -7.29%, and 23.96% over 30 days. With these gigs, the year-to-date price performance is 21.58%. Short interest in HUYA Inc ADR (NYSE:HUYA) saw shorts transact 1.58 million shares and set a 1.53 days time to cover.

HUYA Inc ADR (HUYA) estimates and forecasts

Looking at statistics comparing HUYA Inc ADR share performance against respective industry, we note that the company has underperformed competitors. HUYA Inc ADR (HUYA) shares are 44.48% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 23.90%. The rating firms project that company’s revenue will shrink -3.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $207.12 million. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $222.28 million.Earnings reports from the last fiscal year show that sales brought in $272.92 million and $249.43 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -24.10% before dropping -10.90% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 44.57% for the past 5-year period. While 2024 is set for a 194.97% return in earnings, projections for the next 5 years are at -6.68% annually.

HUYA Dividends

HUYA Inc ADR has its next earnings report out between May 14 and May 20. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. HUYA Inc ADR has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

HUYA Inc ADR (NYSE:HUYA)’s Major holders

HUYA Inc ADR insiders hold 0.83% of total outstanding shares, with institutional holders owning 59.37% of the shares at 59.86% float percentage. In total, 59.37% institutions holds shares in the company, led by Morgan Stanley. As of Jun 29, 2023, the company held over 10.9 million shares (or 12.07% of shares), all amounting to roughly $39.01 million.

The next major institution holding the largest number of shares is Nuveen Asset Management, LLC with 9.75 million shares, or about 10.80% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $34.92 million.

We also have College Retirement Equities Fund-Stock Account and TIAA-CREF Funds-Emerging Markets Equity Fund as the top two Mutual Funds with the largest holdings of the HUYA Inc ADR (HUYA) shares. Going by data provided on Jun 29, 2023, College Retirement Equities Fund-Stock Account holds roughly 5.91 million shares. This is just over 6.54% of the total shares, with a market valuation of $21.15 million. Data from the same date shows that the other fund manager holds a little less at 3.78 million, or 4.19% of the shares, all valued at about 12.97 million.