It is Poised to be a Bull Market for HUYA Inc ADR (HUYA)

With 1.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.53 million shares. The 52-week range on HUYA shows that it touched its highest point at $4.90 and its lowest point at $2.15 during that stretch. It currently has a 1-year price target of $4.52. Beta for the stock currently stands at 0.59.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HUYA was up-trending over the past week, with a rise of 3.82%, but this was up by 32.00% over a month. Three-month performance surged to 30.88% while six-month performance rose 56.61%. The stock gained 32.00% in the past year, while it has gained 26.23% so far this year. A look at the trailing 12-month EPS for HUYA yields -0.11 with Next year EPS estimates of 0.18. For the next quarter, that number is 0.03. This implies an EPS growth rate of 195.01% for this year and 63.37% for next year. EPS is expected to decline by -6.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.57%.

Float and Shares Shorts:

At present, 82.70 million HUYA shares are outstanding with a float of 82.54 million shares on hand for trading. On Mar 15, 2024, short shares totaled 2.35 million, which was 1.01% higher than short shares on Feb 15, 2024. In addition to HUMA as the firm’s Humacyte, Inc., HUSA serves as its Houston American Energy Corpora.

Institutional Ownership:

Through their ownership of 59.37% of HUYA’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HUYA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.