HUYA Inc. Sponsored ADR (NYSE:HUYA) Receives Average Recommendation of “Hold” from Brokerages

HUYA Inc. Sponsored ADR (NYSE:HUYA) has received an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $3.50.

A number of equities research analysts have recently weighed in on HUYA shares. Hsbc Global Res raised HUYA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. Zacks Research upgraded shares of HUYA to a “hold” rating in a report on Monday, September 8th. HSBC raised shares of HUYA from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research note on Wednesday, November 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of HUYA in a research report on Tuesday, November 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its stake in HUYA by 8.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 245,295 shares of the company’s stock valued at $817,000 after purchasing an additional 19,353 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of HUYA by 92.1% during the third quarter. SG Americas Securities LLC now owns 85,796 shares of the company’s stock valued at $286,000 after purchasing an additional 41,138 shares in the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of HUYA by 327.0% during the second quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock valued at $36,000 after purchasing an additional 7,867 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of HUYA by 0.9% during the first quarter. Acadian Asset Management LLC now owns 3,067,145 shares of the company’s stock valued at $9,835,000 after buying an additional 27,582 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in HUYA in the 1st quarter worth about $1,264,000. Hedge funds and other institutional investors own 23.20% of the company’s stock.

HUYA Stock Performance

HUYA stock opened at $2.85 on Monday. The company has a market capitalization of $636.72 million, a PE ratio of -31.66 and a beta of 0.78. HUYA has a one year low of $2.21 and a one year high of $4.59. The company’s 50 day moving average price is $2.96 and its two-hundred day moving average price is $3.28.

HUYA (NYSE:HUYA) last issued its earnings results on Wednesday, November 12th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. HUYA had a negative net margin of 2.63% and a positive return on equity of 0.73%. The company had revenue of $215.93 million for the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter last year, the company earned $0.34 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. On average, research analysts predict that HUYA will post 0.16 EPS for the current year.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.