HUYA Inc ADR (HUYA) is looking forward to a strong quarter

With 1.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.22 million shares. The 52-week range on HUYA shows that it touched its highest point at $5.53 and its lowest point at $2.65 during that stretch. It currently has a 1-year price target of $4.08. Beta for the stock currently stands at 0.67.

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 4.85%, but this was up by 5.42% over a month. Three-month performance surged to 18.60% while six-month performance rose 18.70%. The stock gained 37.33% in the past year, while it has gained 26.71% so far this year. A look at the trailing 12-month EPS for HUYA yields -0.08 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.05. This implies an EPS growth rate of 189.84% for this year and 97.21% for next year.

Float and Shares Shorts:

At present, 75.46 million HUYA shares are outstanding with a float of 75.31 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HUYA since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.81485 being high and $0.71959 being low. For HUYA, this leads to a yearly average estimate of $0.75746. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.