HUYA (NYSE:HUYA) Stock Rating Raised to Hold at Wall Street Zen

Wall Street Zen upgraded shares of HUYA (NYSE:HUYA) from a sell rating to a hold rating in a research report sent to investors on Monday,Wall Street Zen reports.

Several other research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of HUYA from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, August 6th. Citigroup restated a “buy” rating on shares of HUYA in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $3.45.

HUYA Stock Down 1.1%

NYSE:HUYA opened at $2.27 on Monday. The stock has a fifty day simple moving average of $2.25 and a 200 day simple moving average of $2.59. The firm has a market capitalization of $519.54 million, a price-to-earnings ratio of -37.91 and a beta of 0.78. HUYA has a 1-year low of $2.02 and a 1-year high of $4.93.

HUYA (NYSE:HUYA) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $0.02 earnings per share (EPS) for the quarter. HUYA had a positive return on equity of 0.20% and a negative net margin of 1.59%.The firm had revenue of $256.01 million for the quarter. Equities analysts predict that HUYA will post 0.14 earnings per share for the current year.

Institutional Investors Weigh In On HUYA

An institutional investor recently bought a new position in HUYA stock. AXQ Capital LP bought a new position in HUYA Inc. Sponsored ADR (NYSE:HUYA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 43,773 shares of the company’s stock, valued at approximately $101,000. 23.20% of the stock is owned by hedge funds and other institutional investors.

HUYA Company Profile

HUYA Inc (NYSE: HUYA) operates a game-focused live-streaming platform in China. Through its Huya service, the company enables users to watch and interact with live broadcasts of video games, esports competitions and other entertainment content on computers and mobile devices.

The company provides services for viewers, streamers, game developers and esports organizers. Its offerings include live game broadcasts, esports event coverage, user-generated content, interactive community features and tools that allow creators to produce and distribute livestreams.