A share price of DouYu International Holdings Ltd ADR [DOYU] is currently trading at $0.73, down -1.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DOYU shares have gain 7.35% over the last week, with a monthly amount drifted -3.44%, and not seem to be holding up well over a long-time horizon.
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On 15, March 2024, DouYu International Holdings Limited Announces Plan to Implement ADS Ratio Change. In a post published today on Yahoo Finance, DouYu International Holdings Limited (“DouYu” or the “Company”) (Nasdaq: DOYU) today announced it plans to change the ratio of its American depositary shares (the “ADSs”) to ordinary shares of the Company with a par value of US$0.0001 per ordinary share (each, an “Ordinary Share,” and collectively, the “Ordinary Shares”) from ten (10) ADSs representing one (1) Ordinary Share to one (1) ADS representing one (1) Ordinary Share (such change, the “ADS Ratio Change”).
From an analyst’s perspective:
DouYu International Holdings Ltd ADR [NASDAQ: DOYU] stock has seen the most recent analyst activity on April 14, 2023, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $1.20 from $1.10. Previously, Citigroup downgraded its rating to Sell on November 22, 2022, and dropped its price target to $1.10. On March 14, 2022, downgrade downgraded it’s rating to Underweight but maintained its price target of $1.20 on the stock. China Renaissance downgraded its rating to Hold for this stock on November 05, 2020, and upped its price target to $16.06. In a note dated October 14, 2020, JP Morgan downgraded an Neutral rating on this stock.
DouYu International Holdings Ltd ADR experienced fluctuations in its stock price throughout the past year between $0.65 and $1.23. DouYu International Holdings Ltd ADR [NASDAQ: DOYU] shares were valued at $0.73 at the most recent close of the market.
Analyzing the DOYU fundamentals
Trailing Twelve Months sales for DouYu International Holdings Ltd ADR [NASDAQ:DOYU] were 838.85M which represents -28.52% decline. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7213 points at the first support level, and at 0.7126 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7474, and for the 2nd resistance point, it is at 0.7648.
DouYu International Holdings Ltd ADR [DOYU] reported earnings per share of $0.03 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.03/share, meaning a difference of $0 and a surprise factor of 0.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for DouYu International Holdings Ltd ADR [NASDAQ:DOYU] is 4.56. As well, the Quick Ratio is 4.56, while the Cash Ratio is 2.71. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.25 and price to earnings (TTM) ratio is 11.68.
