In yesterday’s Wall Street session, DouYu International Holdings Ltd ADR (NASDAQ:DOYU) shares traded at $6.59, down -5.87% from the previous session.
DOYU stock price is now -13.28% away from the 50-day moving average and -27.58% away from the 200-day moving average. The market capitalization of the company currently stands at $2.11B.
With the price target enhanced from $1.10 to $1.20, JP Morgan Upgraded its rating from Underweight to Neutral for DouYu International Holdings Ltd ADR (NASDAQ: DOYU). On November 22, 2022, Citigroup Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock reducing its target price from $1.55 to quote $1.10, while ‘JP Morgan’ rates the stock as ‘Underweight’
A total of 1.09% of the company’s stock is owned by insiders.
During the past 12 months, DouYu International Holdings Ltd ADR has had a low of $6.50 and a high of $12.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.86, and a quick ratio of 4.56. According to the stock market information, the enterprise value for the company is $1.34B, which is based on a 419.75 price-to-earnings ratio, a 11.56 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for DOYU is $7.60 and a two-hundred day moving average price translates $9.04 for the stock.
The latest earnings results from DouYu International Holdings Ltd ADR (NASDAQ: DOYU) was released for Dec, 2023. According to the Internet Content & Information Company, earnings per share came in at $0, beating analysts’ expectations of -$0.02 by 0.02. This compares to $0.00 EPS in the same period last year. The net profit margin was 0.64% and return on equity was 0.53% for DOYU. The company reported revenue of $186.29 million for the quarter, compared to $252.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.31 percent. For the current quarter, analysts expect DOYU to generate $184.13M in revenue.
