DouYu International Holdings: Persistent Challenges Prompt Sell Rating and Target Price Reduction
TipRanks (Wed, 27-Mar 8:25 PM ET)
DouYu Reports Decline in 2023 Revenues
TipRanks (Tue, 26-Mar 7:57 AM ET)
DouYu International Non-GAAP EPADS of $0.00, revenue of $182.5M
Seeking Alpha News (Tue, 26-Mar 4:05 AM ET)
PRNewswire (Tue, 26-Mar 4:00 AM ET)
DouYu International Q4 2023 Earnings Preview
Seeking Alpha News (Mon, 25-Mar 1:27 PM ET)
Options Volatility and Implied Earnings Moves This Week, March 26 – March 28, 2024
TipRanks (Mon, 25-Mar 8:00 AM ET)
Earnings week ahead: Walgreens Boots Alliance, Carnival, GameStop and more
Seeking Alpha News (Sun, 24-Mar 8:01 AM ET)
DouYu International Holdings Limited Announces Plan to Implement ADS Ratio Change
PRNewswire (Fri, 15-Mar 4:00 AM ET)
PRNewswire (Tue, 12-Mar 4:00 AM ET)
DouYu International Holdings Limited Announces Share Repurchase Program
PRNewswire (Thu, 28-Dec 6:30 AM ET)
DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.
Douyu Intl Hldgs trades on the NASDAQ stock market under the symbol DOYU.
As of March 28, 2024, DOYU stock price declined to $6.67 with 95,364 million shares trading.
DOYU has a beta of 1.05, meaning it tends to be more sensitive to market movements. DOYU has a correlation of 0.05 to the broad based SPY ETF.
DOYU has a market cap of $2.13 billion. This is considered a Mid Cap stock.
Last quarter Douyu Intl Hldgs reported $183 million in Revenue and $.00 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.02.
In the last 3 years, DOYU stock traded as high as $108.90 and as low as $6.50.
The top ETF exchange traded funds that DOYU belongs to (by Net Assets): VWO, VXUS, VSS, VT.
DOYU has underperformed the market in the last year with a price return of -38.8% while the SPY ETF gained +33.7%. DOYU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.4% and -13.9%, respectively, while the SPY returned +10.2% and +1.8%, respectively.
DOYU support price is $6.74 and resistance is $7.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DOYU stock will trade within this expected range on the day.