HUYA Inc ADR (HUYA) stock price forecast predicts $8.09 value

Currently, HUYA Inc ADR [HUYA] is trading at $5.07, up 5.85%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HUYA shares have gain 18.46% over the last week, with a monthly amount glided 23.36%, 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.

This stock has fluctuated between a low of $2.37 and a high of $6.84 over the last 52 weeks. 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 $5.07 at the most recent close of the market. An investor can expect a potential return of 59.57% based on the average HUYA price forecast.

Analyzing the HUYA fundamentals

Trailing Twelve Months sales for HUYA Inc ADR [NYSE:HUYA] were 861.11M which represents -17.96% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

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 4.90 points at the first support level, and at 4.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.19, and for the 2nd resistance point, it is at 5.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for HUYA Inc ADR [NYSE:HUYA] is 4.27. Further, the Quick Ratio stands at 4.27, while the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 0.88.

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