Shares of JOYY Inc. (NASDAQ:YY - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $47.20 and last traded at $46.69, with a volume of 43750 shares traded. The stock had previously closed at $45.45.
JOYY Price Performance
The stock's 50-day moving average is $41.61 and its 200 day moving average is $37.32. The company has a market cap of $2.45 billion, a PE ratio of 13.75 and a beta of 0.28.
JOYY (NASDAQ:YY - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The information services provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.22. JOYY had a net margin of 9.02% and a return on equity of 4.64%. On average, analysts expect that JOYY Inc. will post 3.37 EPS for the current year.
Institutional Trading of JOYY
Several large investors have recently bought and sold shares of the business. Loomis Sayles & Co. L P acquired a new position in shares of JOYY in the 3rd quarter worth approximately $25,000. SBI Securities Co. Ltd. acquired a new position in shares of JOYY in the 4th quarter worth approximately $25,000. Global Retirement Partners LLC lifted its holdings in shares of JOYY by 71.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,072 shares of the information services provider's stock worth $45,000 after acquiring an additional 447 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of JOYY by 63.0% in the 4th quarter. Rhumbline Advisers now owns 1,319 shares of the information services provider's stock worth $55,000 after acquiring an additional 510 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of JOYY by 182.2% in the 3rd quarter. Blue Trust Inc. now owns 4,510 shares of the information services provider's stock worth $163,000 after acquiring an additional 2,912 shares during the last quarter. Hedge funds and other institutional investors own 36.83% of the company's stock.
About JOYY
(
Get Free Report)
JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.
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