This is What Makes HUYA Inc ADR Stocks A Gamechanger?

At the time of writing, HUYA Inc ADR [HUYA] stock is trading at $4.28, up 6.47%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HUYA shares have gain 8.35% over the last week, with a monthly amount glided 1.18%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

HUYA Inc ADR [NYSE: HUYA] stock has seen the most recent analyst activity on August 14, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $6 from $2.40. Previously, JP Morgan upgraded its rating to Overweight on May 20, 2024, and kept the price target unchanged to $9. On May 15, 2024, upgrade upgraded it’s rating to Equal-Weight. BofA Securities upgraded its rating to a Buy but stick to its price target of $5.80 on March 25, 2024. JP Morgan upgraded its rating to a Neutral and raised its price target to $3 on April 14, 2023. China Renaissance upgraded its rating to Buy for this stock on December 13, 2022, and downed its price target to $4.20. In a note dated November 16, 2022, Daiwa Securities upgraded an Buy rating on this stock and revised its target price from $4 to $3.60.

For the past year, the stock price of HUYA Inc ADR fluctuated between $2.10 and $6.84. Currently, Wall Street analysts expect the stock to reach $8.09 within the next 12 months. HUYA Inc ADR [NYSE: HUYA] shares were valued at $4.28 at the most recent close of the market. An investor can expect a potential return of 89.02% based on the average HUYA price forecast.

Analyzing the HUYA fundamentals

According to HUYA Inc ADR [NYSE:HUYA], the company’s sales were 861.11M for trailing twelve months, which represents an -17.96% plunge. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

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 4.16 points at the first support level, and at 4.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.35, and for the 2nd resistance point, it is at 4.42.

Ratios To Look Out For

It is important to note that HUYA Inc ADR [NYSE:HUYA] has a current ratio of 4.27. In addition, the Quick Ratio stands at 4.27 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.74.

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