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

HUYA Inc. (NYSE:HUYA - Get Free Report) was the target of some unusual options trading on Monday. Stock investors purchased 4,130 call options on the stock. This is an increase of approximately 733% compared to the average volume of 496 call options.

HUYA Price Performance

Shares of HUYA stock traded up $0.00 during trading on Friday, hitting $3.21. 5,263,730 shares of the company were exchanged, compared to its average volume of 1,535,213. The firm has a market capitalization of $726.88 million, a P/E ratio of -35.68 and a beta of 0.72. The firm's fifty day moving average price is $3.71 and its 200 day moving average price is $3.68. 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). The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 EPS. As a group, equities research analysts anticipate that HUYA will post 0.16 earnings per share for the current year.

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HUYA Dividend Announcement

The firm also recently disclosed 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. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's payout ratio is presently -4,900.00%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Daiwa Capital Markets lowered HUYA from an "outperform" rating to a "neutral" rating in a research report on Tuesday. Daiwa America lowered shares of HUYA from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $5.68.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUYA. Seldon Capital LP acquired a new stake in shares of HUYA during the third quarter worth about $51,000. Two Sigma Securities LLC bought a new stake in HUYA during the 4th quarter worth approximately $43,000. XTX Topco Ltd acquired a new stake in HUYA during the 3rd quarter worth approximately $90,000. Smith Anglin Financial LLC lifted its stake 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 buying an additional 4,002 shares in the last quarter. Finally, Quantbot Technologies LP boosted its holdings 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 during the period. 23.20% of the stock is currently owned by institutional investors.

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.