DOYU Stock Summary and Trading Ideas (Douyu Intl Hldgs | NASDAQ:DOYU)

DouYu International Holdings Ltd is a game-centric live streaming platform in China and a pioneer in the eSports value chain. 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 December 12, 2024, DOYU stock price climbed to $11.52 with 68,157 million shares trading.

DOYU has a beta of 0.81, meaning it tends to be less sensitive to market movements. DOYU has a correlation of 0.01 to the broad based SPY ETF.

DOYU has a market cap of $364.44 million. This is considered a Small Cap stock.

In the last 3 years, DOYU traded as high as $27.90 and as low as $6.29.

The top ETF exchange traded funds that DOYU belongs to (by Net Assets): HERO, EWX, PGJ, SPEM, SOCL.

DOYU has outperformed the market in the last year with a price return of +310.4% while the SPY ETF gained +32.3%. DOYU has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.5% and +15.2%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

DOYU support price is $10.71 and resistance is $11.93 (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 shares will trade within this expected range on the day.