HUYA Inc. Sponsored ADR (NYSE:HUYA) Given Average Rating of “Hold” by Analysts

HUYA Inc. Sponsored ADR (NYSE:HUYA) has been given a consensus recommendation of “Hold” by the six analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $3.50.

HUYA has been the topic of a number of research reports. Hsbc Global Res raised shares of HUYA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. HSBC upgraded 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. Zacks Research raised HUYA to a “hold” rating in a research report on Monday, September 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of HUYA in a report on Monday.

Institutional Trading of HUYA

Several hedge funds and other institutional investors have recently modified their holdings of the business. Loomis Sayles & Co. L P boosted its holdings 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 period. Vident Advisory LLC lifted its position in shares of HUYA by 39.5% during the first quarter. Vident Advisory LLC now owns 17,624 shares of the company’s stock worth $57,000 after acquiring an additional 4,993 shares in the last quarter. Nuveen LLC bought a new position in shares of HUYA in the first quarter worth $220,000. SG Americas Securities LLC grew its position in shares of HUYA by 92.1% in 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. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of HUYA in the first quarter valued at $325,000. Institutional investors own 23.20% of the company’s stock.

HUYA Stock Performance

Shares of NYSE:HUYA opened at $3.02 on Friday. The company has a market capitalization of $673.57 million, a P/E ratio of -33.50 and a beta of 0.78. The company’s 50-day moving average is $2.88 and its 200 day moving average is $3.22. HUYA has a fifty-two week low of $2.21 and a fifty-two week high of $4.59.

HUYA (NYSE:HUYA) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.02 EPS for the quarter, topping the consensus estimate 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 business had revenue of $215.93 million for the quarter, compared to analyst estimates of $1.69 billion. During the same quarter in the previous year, the firm posted $0.34 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. As a group, research analysts predict that HUYA will post 0.16 earnings per share 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.