HUYA (NYSE:HUYA - Get Free Report) released its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03), Briefing.com reports. The firm had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 EPS.
HUYA Price Performance
HUYA stock traded up $0.00 on Friday, reaching $3.21. 5,263,730 shares of the company traded hands, compared to its average volume of 1,529,479. HUYA has a one year low of $2.82 and a one year high of $6.84. The company has a market cap of $726.88 million, a P/E ratio of -35.68 and a beta of 0.72. The firm has a fifty day simple moving average of $3.72 and a 200-day simple moving average of $3.67.
HUYA Dividend Announcement
The business also recently disclosed an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be given a dividend of $1.47 per share. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's dividend payout ratio (DPR) is presently -4,900.00%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. Daiwa America cut HUYA from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Daiwa Capital Markets cut HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, HUYA has an average rating of "Hold" and an average price target of $5.68.
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About HUYA
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HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.
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