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JOYY Inc. Announces Repurchase Right Notification for 1.375% Convertible Senior Notes due 2026
Globe Newswire (Fri, 12-Apr 8:00 AM ET)
PRNewswire (Mon, 18-Mar 11:12 PM ET)
JOYY Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results
Globe Newswire (Mon, 18-Mar 7:00 PM ET)
JOYY to Announce Fourth Quarter and Full Year 2023 Financial Results on March 18, 2024
Globe Newswire (Thu, 7-Mar 6:00 AM ET)
JOYY Inc is a global technology company offering comprehensive innovation capabilities. The company enables users to interact with others in real time. The group is actively exploring and expanding its global commerce Software-as-a-Service and solutions business. JOYY emphasizes technological innovation and is recognized in the industry for its significant number of patent applications and licenses.
Joyy - American Depositary Shares trades on the NASDAQ stock market under the symbol YY.
As of April 25, 2024, YY stock price declined to $33.24 with 42,420 million shares trading.
YY has a beta of 0.85, meaning it tends to be less sensitive to market movements. YY has a correlation of 0.07 to the broad based SPY ETF.
YY has a market cap of $2.69 billion. This is considered a Mid Cap stock.
Last quarter Joyy - American Depositary Shares reported $570 million in Revenue and $1.01 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.24.
In the last 3 years, YY stock traded as high as $100.75 and as low as $21.38.
The top ETF exchange traded funds that YY belongs to (by Net Assets): KWEB, VXUS, IEMG, VWO, IRBO.
YY stock has underperformed the market in the last year with a return of +22.2%, while SPY returned +22.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in YY shares. However, YY has outperformed the market in the last 3 month and 2 week periods, returning +4.5% and -2.3%, while SPY returned +3.2% and -2.9%, respectively. This indicates YY has been having a stronger performance recently.
YY support price is $32.66 and resistance is $34.11 (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 YY stock will trade within this expected range on the day.