DouYu International (NASDAQ:DOYU - Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.31) EPS for the quarter, beating the consensus estimate of ($2.18) by $1.87, Zacks reports. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.92%. The business had revenue of $155.65 million during the quarter, compared to the consensus estimate of $1.05 billion.
DouYu International Price Performance
Shares of NASDAQ DOYU traded down $0.97 during mid-day trading on Tuesday, hitting $8.38. 657,579 shares of the company's stock traded hands, compared to its average volume of 227,987. The company's 50-day moving average is $12.35 and its two-hundred day moving average is $11.13. The company has a market capitalization of $265.11 million, a P/E ratio of -9.52 and a beta of 1.00. DouYu International has a 1 year low of $6.29 and a 1 year high of $20.17.
DouYu International Increases Dividend
The firm also recently announced a -- dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, February 10th were given a dividend of $9.94 per share. This is a boost from DouYu International's previous -- dividend of $9.71. The ex-dividend date was Friday, February 21st.
Wall Street Analysts Forecast Growth
Several research analysts have commented on DOYU shares. Citigroup raised shares of DouYu International from a "sell" rating to a "neutral" rating and increased their price objective for the company from $5.90 to $10.50 in a report on Tuesday. HSBC raised shares of DouYu International from a "reduce" rating to a "hold" rating in a report on Monday.
Read Our Latest Stock Analysis on DOYU
About DouYu International
(
Get Free Report)
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
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