In yesterday’s Wall Street session, DouYu International Holdings Limited (NASDAQ:DOYU) shares traded at $1.12, up 3.70% from the previous session.
7 analysts cover DouYu International Holdings Limited (NASDAQ:DOYU), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $22.54 and a low of $7.32, we find $8.52. Given the previous closing price of $1.08, this indicates a potential upside of 688.89 percent. DOYU stock price is now -1.87% away from the 50-day moving average and -25.25% away from the 200-day moving average. The market capitalization of the company currently stands at $320.66M.
The stock has received a hold rating from 4 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $10.67 as their price target over the next twelve months.
With the price target maintained at $1.20, JP Morgan recently Downgraded its rating from Neutral to Underweight for DouYu International Holdings Limited (NASDAQ: DOYU). , while ‘China Renaissance’ rates the stock as ‘Hold’.
There have been several recent changes in the stakes of large investors in DOYU stock. A new stake in DouYu International Holdings Limited shares was purchased by POLUNIN CAPITAL PARTNERS LTD during the first quarter worth $3,142,000. CANADA PENSION PLAN INVESTMENT BOARD invested $784,000 in shares of DOYU during the first quarter. In the first quarter, GAM HOLDING AG acquired a new stake in DouYu International Holdings Limited valued at approximately $672,000. PRELUDE CAPITAL MANAGEMENT, LLC acquired a new stake in DOYU for approximately $117,000. VERITION FUND MANAGEMENT LLC purchased a new stake in DOYU valued at around $76,000 in the second quarter. In total, there are 106 active investors with 20.90% ownership of the company’s stock.
On Monday morning DouYu International Holdings Limited (NASDAQ: DOYU) stock kicked off with the opening price of $1.1100. During the past 12 months, DouYu International Holdings Limited has had a low of $0.90 and a high of $4.00. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.20, and a quick ratio of 4.20. The fifty day moving average price for DOYU is $1.1413 and a two-hundred day moving average price translates $1.4983 for the stock.
The latest earnings results from DouYu International Holdings Limited (NASDAQ: DOYU) was released for Jun, 2022. According to the Internet Content & Information Company, earnings per share came in at $0.01, beating analysts’ expectations of -$0.04 by 0.05. This compares to -$0.09 EPS in the same period last year. The net profit margin was -5.90% and return on equity was -7.80% for DOYU. The company reported revenue of $273.69 million for the quarter, compared to $361.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.38 percent. For the current quarter, analysts expect DOYU to generate $254.48M in revenue.
DouYu International Holdings Limited(DOYU) Company Profile
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers. The company also sponsors eSports teams and organizes eSports tournaments. In addition, it streams other content to include a spectrum of live streaming entertainment options, such as talent shows, music, outdoor, and travel. Further, the company records and offers video clips to allow users to watch replays of selective live streaming content; and allows viewers and streamers to edit and upload short video clips by themselves. DouYu International Holdings Limited was founded in 2014 and is headquartered in Wuhan, the People’s Republic of China.