19-Apr-2024
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PRNewswire (Tue, 19-Mar 6:01 AM ET)
HUYA Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, March 19, 2024
PRNewswire (Tue, 27-Feb 5:00 AM ET)
Established in 2011, Huya is the largest online game livestreaming company in China. Headquartered in Guangzhou, Huya mainly provides livestreamed videos on esports games such as League of Legends and Honor of Kings and collects virtual tips from viewers. Its products include the Huya Live platform in China and Nimo TV in Southeast Asia and South America. As of 2023, Huya was a subsidiary of Tencent, which owned 63% of its equity stake and held 94% of the voting power.
Huya American Depositary Shares Each Representing One Class A Ordinary Share trades on the NYSE stock market under the symbol HUYA.
As of April 19, 2024, HUYA stock price declined to $4.41 with 866,764 million shares trading.
HUYA has a beta of 1.67, meaning it tends to be more sensitive to market movements. HUYA has a correlation of 0.11 to the broad based SPY ETF.
HUYA has a market cap of $1.04 billion. This is considered a Small Cap stock.
Last quarter Huya American Depositary Shares Each Representing One Class A Ordinary Share reported $215 million in Revenue and -$.11 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.01.
In the last 3 years, HUYA stock traded as high as $19.19 and as low as $1.64.
The top ETF exchange traded funds that HUYA belongs to (by Net Assets): IEMG, VXUS, VWO, IXUS, HERO.
HUYA has outperformed the market in the last year with a return of +39.1%, while the SPY ETF gained +21.2%. In the last 3 month period, HUYA beat the market returning +34.9%, while SPY returned +4.3%. However, in the most recent 2 weeks HUYA has underperformed the stock market by returning -5.4%, while SPY returned -3.5%.
HUYA support price is $4.36 and resistance is $4.67 (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 HUYA stock will trade within this expected range on the day.