HUYA Target of Unusually Large Options Trading (NYSE:HUYA)

HUYA Inc. (NYSE:HUYA - Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Investors bought 47,561 put options on the company. This is an increase of approximately 6,543% compared to the average daily volume of 716 put options.

HUYA Stock Up 0.0 %

Shares of HUYA stock traded up $0.00 on Friday, hitting $3.21. 5,263,730 shares of the company were exchanged, compared to its average volume of 1,531,505. The company has a 50-day moving average price of $3.72 and a 200 day moving average price of $3.67. The stock has a market capitalization of $726.88 million, a price-to-earnings ratio of -35.68 and a beta of 0.72. HUYA has a 1-year low of $2.82 and a 1-year high of $6.84.

HUYA (NYSE:HUYA - Get Free Report) last issued its quarterly earnings data on Tuesday, March 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business posted $0.48 earnings per share. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. Research analysts forecast that HUYA will post 0.16 EPS for the current year.

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HUYA Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a dividend of $1.47 per share. The ex-dividend date is Tuesday, June 17th. This represents a dividend yield of 42.55%. HUYA's payout ratio is -4,900.00%.

Institutional Investors Weigh In On HUYA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Seldon Capital LP purchased a new stake in shares of HUYA in the 3rd quarter valued at about $51,000. Two Sigma Securities LLC purchased a new position in shares of HUYA in the 4th quarter valued at approximately $43,000. XTX Topco Ltd purchased a new position in HUYA during the 3rd quarter worth $90,000. Smith Anglin Financial LLC lifted its position in HUYA by 27.9% in the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company's stock valued at $56,000 after purchasing an additional 4,002 shares during the period. Finally, Quantbot Technologies LP boosted its stake in shares of HUYA by 18.9% in the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company's stock valued at $118,000 after buying an additional 3,685 shares in the last quarter. Institutional investors and hedge funds own 23.20% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HUYA. Daiwa Capital Markets downgraded shares of HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Daiwa America downgraded shares of HUYA from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $5.68.

HUYA Company Profile

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.