HUYA Inc ADR (HUYA) stock expected to gain 72.58% in the coming months

At the time of writing, HUYA Inc ADR [HUYA] stock is trading at $3.10, up 1.97%. An important factor to consider is whether the stock is rising or falling in short-term value. The HUYA shares have lost -0.64% over the last week, with a monthly amount glided 3.68%, 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 November 06, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, HSBC Securities downgraded its rating to Hold on October 11, 2024. On August 14, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $6 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $9 on May 20, 2024. Morgan Stanley upgraded its rating to a Equal-Weight. BofA Securities upgraded its rating to Buy for this stock on March 25, 2024, but kept the price target unchanged to $5.80. In a note dated April 14, 2023, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $2.30 to $3.

For the past year, the stock price of HUYA Inc ADR fluctuated between $2.03 and $5.53. Currently, Wall Street analysts expect the stock to reach $5.35 within the next 12 months. HUYA Inc ADR [NYSE: HUYA] shares were valued at $3.10 at the most recent close of the market. An investor can expect a potential return of 72.58% based on the average HUYA price forecast.

Analyzing the HUYA fundamentals

According to HUYA Inc ADR [NYSE:HUYA], the company’s sales were 848.25M for trailing twelve months, which represents an -5.65% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.07%, 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 -0.01, Equity is -0.02 and Total Capital is -0.06.

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 3.02 points at the first support level, and at 2.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.18, and for the 2nd resistance point, it is at 3.26.

Ratios To Look Out For

It is important to note that HUYA Inc ADR [NYSE:HUYA] has a current ratio of 2.14. On the other hand, the Quick Ratio is 2.14, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.64.

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