The stock of JOYY Inc ADR (NASDAQ:YY) last traded at $42.94, up 3.05% from the previous session.
YY stock price is now 11.55% away from the 50-day moving average and 23.79% away from the 200-day moving average. The market capitalization of the company currently stands at $1.61B.
, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Morningside China TMT Special , Director bought 142,466 shares of the company’s stock on Sep 05 ’24. The stock was bought for $5,000,000 at an average price of $35.10. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05 ’24, Director Morningside China TMT Fund III bought 13,899 shares of the business’s stock. A total of $487,000 was incurred on buying the stock at an average price of $35.04. A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, JOYY Inc ADR has had a low of $27.88 and a high of $42.88. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.22, and a quick ratio of 1.22. According to the stock market information, the enterprise value for the company is $37397868544, which is based on a 13.41 price-to-earnings ratio, a 2.57 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for YY is $38.4944 and a two-hundred day moving average price translates $34.6892 for the stock.
The latest earnings results from JOYY Inc ADR (NASDAQ: YY) was released for 2024-06-30. The net profit margin was 8.96% and return on equity was 3.99% for YY. The company reported revenue of $565.13 million for the quarter, compared to $547.33 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.25 percent.
