How much can investors make with DouYu International Holdings Ltd ADR (DOYU) stock in the next 12 months?

DouYu International Holdings Ltd ADR [DOYU] stock is trading at $8.61, up 3.49%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DOYU shares have gain 10.53% over the last week, with a monthly amount drifted -4.72%, and not seem to be holding up well over a long-time horizon.

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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 [DOYU] stock has fluctuated between $3.03 and $9.80 over the past year. Currently, Wall Street analysts expect the stock to reach $9.03 within the next 12 months. DouYu International Holdings Ltd ADR [NASDAQ: DOYU] shares were valued at $8.61 at the most recent close of the market. An investor can expect a potential return of 4.88% based on the average DOYU price forecast.

Analyzing the DOYU fundamentals

DouYu International Holdings Ltd ADR [NASDAQ:DOYU] reported sales of 653.98M for the trailing twelve months, which represents a drop of -28.14%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.02%, 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 -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

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 8.33 points at the first support level, and at 8.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.76, and for the 2nd resistance point, it is at 8.91.

Ratios To Look Out For

For context, DouYu International Holdings Ltd ADR’s Current Ratio is 5.03. In addition, the Quick Ratio stands at 4.39 and the Cash Ratio stands at 3.07. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 0.30.

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