Shares of HUYA Inc. Sponsored ADR (NYSE:HUYA – Get Free Report) have received a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $4.5667.
Separately, Zacks Research upgraded HUYA to a “hold” rating in a research note on Monday, September 8th.
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Hedge Funds Weigh In On HUYA
Institutional investors and hedge funds have recently bought and sold shares of the stock. National Bank of Canada FI purchased a new position in HUYA during the first quarter valued at $32,000. Loomis Sayles & Co. L P lifted its position in HUYA by 327.0% during the second quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock valued at $36,000 after purchasing an additional 7,867 shares in the last quarter. Vident Advisory LLC lifted its position in HUYA by 39.5% during the first quarter. Vident Advisory LLC now owns 17,624 shares of the company’s stock valued at $57,000 after purchasing an additional 4,993 shares in the last quarter. Virtu Financial LLC purchased a new position in HUYA during the first quarter valued at $93,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in HUYA during the first quarter valued at $110,000. 23.20% of the stock is currently owned by hedge funds and other institutional investors.
HUYA Price Performance
HUYA stock opened at $3.51 on Wednesday. The company has a market cap of $780.45 million, a P/E ratio of -39.00 and a beta of 0.76. HUYA has a 1 year low of $2.21 and a 1 year high of $6.43. The stock’s fifty day moving average price is $3.31 and its 200-day moving average price is $3.50.
About HUYA
(Get Free Report)
HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People’s Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company’s live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.
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