HUYA Inc ADR [HUYA] is 36.10% higher this YTD. Is it still time to buy?

TANH

HUYA Inc ADR [NYSE: HUYA] stock went on a downward path that fall over -10.85% on Thursday, amounting to a one-week price decrease of less than -19.01%.

Over the last 12 months, HUYA stock rose by 50.49%. The one-year HUYA Inc ADR stock forecast points to a potential upside of 33.91. The average equity rating for HUYA stock is currently 1.85, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $262.17 million, with 82.70 million shares outstanding and 75.84 million shares in the current float. Compared to the average trading volume of 1.91M shares, HUYA stock reached a trading volume of 3400589 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on HUYA Inc ADR [HUYA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HUYA shares is $5.22 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 1.85. 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.

HSBC Securities have made an estimate for HUYA Inc ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 11, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $2.40 to $6. The new note on the price target was released on August 14, 2024, representing the official price target for HUYA Inc ADR stock. Previously, the target price had yet another raise to $9, while JP Morgan analysts kept a Overweight rating on HUYA stock.

The Average True Range (ATR) for HUYA Inc ADR is set at 0.27, with the Price to Sales ratio for HUYA stock in the period of the last 12 months amounting to 0.30. The Price to Book ratio for the last quarter was 0.60, with the Price to Cash per share for the same quarter was set at 11.95.

HUYA Stock Performance Analysis:

HUYA Inc ADR [HUYA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.01. With this latest performance, HUYA shares gained by 6.06% in over the last four-week period, additionally plugging by 10.45% over the last 6 months – not to mention a rise of 50.49% 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 38.02, with the RSI for the last a single of trading hit 25.94, and the three-weeks RSI is set at 36.65 for HUYA Inc ADR [HUYA]. The present Moving Average for the last 50 days of trading for this stock 4.44, while it was recorded at 3.91 for the last single week of trading, and 4.26 for the last 200 days.

Insight into HUYA Inc ADR Fundamentals:

HUYA Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.27 and a Current Ratio set at 4.27.

HUYA Stock EPS

With the latest financial reports released by the company, HUYA Inc ADR posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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 ADR go to -6.68%.

HUYA Inc ADR [HUYA] Institutonal Ownership Details

The top three institutional holders of HUYA stocks are: NUVEEN ASSET MANAGEMENT, LLC with ownership of 8.46 million shares, which is approximately 3.6301%. MAPLE ROCK CAPITAL PARTNERS INC., holding 5.15 million shares of the stock with an approximate value of $$20.32 million in HUYA stocks shares; and MAPLE ROCK CAPITAL PARTNERS INC., currently with $$13.01 million in HUYA stock with ownership which is approximately 1.4142%.