JOYY (NASDAQ:YY - Get Free Report) is expected to be announcing its earnings results before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $77.02 million for the quarter.
JOYY Price Performance
YY stock traded down $1.82 during midday trading on Thursday, reaching $46.83. 263,975 shares of the company were exchanged, compared to its average volume of 511,640. The business has a 50-day moving average price of $45.04 and a two-hundred day moving average price of $39.47. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 14.15 and a beta of 0.21. JOYY has a one year low of $27.88 and a one year high of $55.31.
Wall Street Analyst Weigh In
Several research firms recently weighed in on YY. StockNews.com cut JOYY from a "buy" rating to a "hold" rating in a report on Thursday, March 6th. Benchmark upgraded shares of JOYY from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th.
Read Our Latest Analysis on JOYY
JOYY Company Profile
(
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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