HUYA (NYSE:HUYA) Upgraded at Zacks Research

Zacks Research upgraded shares of HUYA (NYSE:HUYA) to a hold rating in a research report released on Monday,Zacks.com reports.

HUYA Trading Down 5.8%

Shares of NYSE HUYA opened at $3.32 on Monday. The business has a 50-day moving average of $3.28 and a 200-day moving average of $3.50. The firm has a market capitalization of $737.09 million, a price-to-earnings ratio of -36.83 and a beta of 0.76. HUYA has a 12 month low of $2.21 and a 12 month high of $6.43.

Institutional Trading of HUYA

A number of hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its position in HUYA by 2.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 142,865 shares of the company’s stock worth $439,000 after buying an additional 3,545 shares during the last quarter. Vident Advisory LLC lifted its position in HUYA by 39.5% in the 1st quarter. Vident Advisory LLC now owns 17,624 shares of the company’s stock worth $57,000 after buying an additional 4,993 shares during the last quarter. Formidable Asset Management LLC lifted its position in HUYA by 7.2% in the 4th quarter. Formidable Asset Management LLC now owns 108,000 shares of the company’s stock worth $332,000 after buying an additional 7,300 shares during the last quarter. Loomis Sayles & Co. L P lifted its position in HUYA by 327.0% in the 2nd quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock worth $36,000 after buying an additional 7,867 shares during the last quarter. Finally, National Bank of Canada FI bought a new stake in HUYA in the 1st quarter worth approximately $32,000. Institutional investors own 23.20% of the company’s stock.

About HUYA

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.