JOYY Inc. [NASDAQ: YY] gained 0.08% or 0.07 points to close at $90.08 with a heavy trading volume of 891642 shares. The company report on January 17, 2021 that HAGENS BERMAN, NATIONAL, TRIAL ATTORNEYS, Alerts JOYY (YY) Investors: Important Deadline January 19th, Investors with $250K+ Losses Should Contact Its Attorneys Now.
Hagens Berman urges JOYY Inc. (NASDAQ:YY) investors with losses in excess of $250,000 to submit your losses now. An important investor deadline in a securities fraud class action is quickly approaching.
Class Period: Apr. 28, 2016 – Nov. 18, 2020Lead Plaintiff Deadline: Jan. 19, 2021Visit: hbsslaw.com/investor-fraud/JOYYContact An Attorney Now: JOYY@hbsslaw.com844-916-0895.
It opened the trading session at $91.00, the shares rose to $91.73 and dropped to $89.73, the range by which the price of stock traded the whole day. The daily chart for YY points out that the company has recorded 13.45% gains over the past six months. However, it is still -118.48% lower than its most recent low trading price.
If we look at the average trading volume of 1.91M shares, YY reached to a volume of 891642 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about JOYY Inc. [YY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YY shares is $124.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YY stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for JOYY Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 10, 2020. The new note on the price target was released on May 20, 2020, representing the official price target for JOYY Inc. stock.
The Average True Range (ATR) for JOYY Inc. is set at 2.85, with the Price to Sales ratio for YY stock in the period of the last 12 months amounting to 1.75. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 45.74.
Trading performance analysis for YY stock
JOYY Inc. [YY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.15. With this latest performance, YY shares gained by 12.22% in over the last four-week period, additionally plugging by 13.45% over the last 6 months – not to mention a rise of 36.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YY stock in for the last two-week period is set at 65.26, with the RSI for the last a single of trading hit 75.41, and the three-weeks RSI is set at 59.25 for JOYY Inc. [YY]. The present Moving Average for the last 50 days of trading for this stock 86.42, while it was recorded at 87.67 for the last single week of trading, and 78.67 for the last 200 days.
JOYY Inc. [YY]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and JOYY Inc. [YY] shares currently have an operating margin of +2.59 and a Gross Margin at +29.62. JOYY Inc.’s Net Margin is presently recorded at +13.47.
Return on Total Capital for YY is now 2.00, given the latest momentum, and Return on Invested Capital for the company is 12.18. Return on Equity for this stock inclined to 13.40, with Return on Assets sitting at 8.87. When it comes to the capital structure of this company, JOYY Inc. [YY] has a Total Debt to Total Equity ratio set at 17.67. Additionally, YY Total Debt to Total Capital is recorded at 15.02, with Total Debt to Total Assets ending up at 11.19. Long-Term Debt to Equity for the company is recorded at 15.64, with the Long-Term Debt to Total Capital now at 13.29.
Reflecting on the efficiency of the workforce at the company, JOYY Inc. [YY] managed to generate an average of $53,769 per employee. Receivables Turnover for the company is 14.94 with a Total Asset Turnover recorded at a value of 0.66.JOYY Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.40 and a Current Ratio set at 4.40.
JOYY Inc. [YY]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, JOYY Inc. posted 0.95/share EPS, while the average EPS was predicted by analysts to be reported at 0.92/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for YY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JOYY Inc. go to 3.55%.
An analysis of insider ownership at JOYY Inc. [YY]
There are presently around $3,945 million, or 74.40% of YY stock, in the hands of institutional investors. The top three institutional holders of YY stocks are: MORGAN STANLEY with ownership of 3,490,243, which is approximately -2.737% of the company’s market cap and around 1.38% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 3,291,093 shares of the stock with an approximate value of $296.46 million in YY stocks shares; and CAPITAL WORLD INVESTORS, currently with $273.62 million in YY stock with ownership of nearly -0.792% of the company’s market capitalization.
Positions in JOYY Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 116 institutional holders increased their position in JOYY Inc. [NASDAQ:YY] by around 4,901,264 shares. Additionally, 120 investors decreased positions by around 4,643,500 shares, while 27 investors held positions by with 34,248,195 shares. The mentioned changes placed institutional holdings at 43,792,959 shares, according to the latest SEC report filing. YY stock had 37 new institutional investments in for a total of 1,730,423 shares, while 42 institutional investors sold positions of 1,393,630 shares during the same period.