DouYu International (DOYU) to Release Quarterly Earnings on Monday

DouYu International (NASDAQ:DOYUGet Rating) will be issuing its quarterly earnings data before the market opens on Monday, November 21st. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

DouYu International Stock Performance

Shares of NASDAQ:DOYU opened at $1.08 on Monday. The stock has a market capitalization of $342.88 million, a price-to-earnings ratio of -5.68 and a beta of 0.85. DouYu International has a 1-year low of $0.90 and a 1-year high of $4.00. The company has a 50 day moving average price of $1.14 and a 200 day moving average price of $1.25.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. State Street Corp boosted its position in shares of DouYu International by 66.7% during the 2nd quarter. State Street Corp now owns 3,907,241 shares of the company’s stock valued at $4,689,000 after acquiring an additional 1,563,200 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of DouYu International by 97.9% during the second quarter. Renaissance Technologies LLC now owns 1,523,051 shares of the company’s stock worth $1,828,000 after buying an additional 753,451 shares during the last quarter. ExodusPoint Capital Management LP bought a new stake in shares of DouYu International during the second quarter worth approximately $313,000. Principal Financial Group Inc. bought a new stake in shares of DouYu International during the second quarter worth approximately $213,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in DouYu International by 13.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,396,199 shares of the company’s stock valued at $2,904,000 after purchasing an additional 164,458 shares in the last quarter. Institutional investors own 19.14% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup raised their price objective on shares of DouYu International to $1.55 in a research note on Monday, August 22nd.

About DouYu International

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DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.

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Earnings History for DouYu International (NASDAQ:DOYU)

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