HUYA Inc. [HUYA] Stock trading around $6.24 per share: What’s Next?

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HUYA Inc. [NYSE: HUYA] price plunged by -5.31 percent to reach at -$0.35. The company report on November 9, 2021 that HUYA Inc. Reports Third Quarter 2021 Unaudited Financial Results.

HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.


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A sum of 3963247 shares traded at recent session while its average daily volume was at 2.77M shares. HUYA Inc. shares reached a high of $6.60 and dropped to a low of $6.18 until finishing in the latest session at $6.24.

The one-year HUYA stock forecast points to a potential upside of 44.39. The average equity rating for HUYA stock is currently 2.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on HUYA Inc. [HUYA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HUYA shares is $11.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HUYA stock is a recommendation set at 2.30. 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.

BofA Securities have made an estimate for HUYA Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 27, 2021. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Underweight. The new note on the price target was released on October 13, 2021, representing the official price target for HUYA Inc. stock. Previously, the target price had yet another raise to $18.80, while China Renaissance analysts kept a Buy rating on HUYA stock.

The Average True Range (ATR) for HUYA Inc. is set at 0.54, with the Price to Sales ratio for HUYA stock in the period of the last 12 months amounting to 0.81. The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 7.41.

HUYA Stock Performance Analysis:

HUYA Inc. [HUYA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.10. With this latest performance, HUYA shares dropped by -20.61% in over the last four-week period, additionally sinking by -64.65% over the last 6 months – not to mention a drop of -67.23% 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 HUYA stock in for the last two-week period is set at 35.98, with the RSI for the last a single of trading hit 32.42, and the three-weeks RSI is set at 38.00 for HUYA Inc. [HUYA]. The present Moving Average for the last 50 days of trading for this stock 8.21, while it was recorded at 6.72 for the last single week of trading, and 12.77 for the last 200 days.

Insight into HUYA Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and HUYA Inc. [HUYA] shares currently have an operating margin of +4.86 and a Gross Margin at +20.78. HUYA Inc.’s Net Margin is presently recorded at +8.10.

Return on Total Capital for HUYA is now 5.55, given the latest momentum, and Return on Invested Capital for the company is 9.28. Return on Equity for this stock inclined to 9.34, with Return on Assets sitting at 7.26. When it comes to the capital structure of this company, HUYA Inc. [HUYA] has a Total Debt to Total Equity ratio set at 0.89. Additionally, HUYA Total Debt to Total Capital is recorded at 0.88, with Total Debt to Total Assets ending up at 0.70. Long-Term Debt to Equity for the company is recorded at 0.59, with the Long-Term Debt to Total Capital now at 0.58.

Reflecting on the efficiency of the workforce at the company, HUYA Inc. [HUYA] managed to generate an average of $61,734 per employee. Receivables Turnover for the company is 32.82 with a Total Asset Turnover recorded at a value of 0.90.HUYA Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.70 and a Current Ratio set at 4.70.

HUYA Stock EPS

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 HUYA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HUYA Inc. go to 6.78%.

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HUYA Inc. [HUYA] Insider Position Details

There are presently around $442 million, or 81.00% of HUYA stock, in the hands of institutional investors. The top three institutional holders of HUYA stocks are: MORGAN STANLEY with ownership of 22,612,927, which is approximately -17.501% of the company’s market cap and around 2.37% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 7,632,744 shares of the stock with an approximate value of $50.3 million in HUYA stocks shares; and NUVEEN ASSET MANAGEMENT, LLC, currently with $50.14 million in HUYA stock with ownership of nearly -2.394% of the company’s market capitalization.

Positions in HUYA Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 79 institutional holders increased their position in HUYA Inc. [NYSE:HUYA] by around 8,079,747 shares. Additionally, 76 investors decreased positions by around 21,294,955 shares, while 19 investors held positions by with 37,635,045 shares. The mentioned changes placed institutional holdings at 67,009,747 shares, according to the latest SEC report filing. HUYA stock had 30 new institutional investments in for a total of 3,756,805 shares, while 32 institutional investors sold positions of 8,367,808 shares during the same period.