JOYY Inc ADR (NASDAQ: YY) is -13.85% lower on its value in year-to-date trading and has touched a low of $27.88 and a high of $43.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YY stock was last observed hovering at around $35.33 in the last trading session, with the day’s loss setting it -1.13%.
Currently trading at $34.20, the stock is 0.34% and 5.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.49 million and changing -3.20% at the moment leaves the stock 1.28% off its SMA200. YY registered 6.44% gain for a year compared to 6-month gain of 5.59%.
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The stock witnessed a 0.47% loss in the last 1 month and extending the period to 3 months gives it a 3.11%, and is -1.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 3.00% over the month.
JOYY Inc ADR (YY) has around 6292 employees, a market worth around $1.47B and $2.25B in sales. Current P/E ratio is 6.63 and Fwd P/E is 8.59. Profit margin for the company is 16.31%. Distance from 52-week low is 22.67% and -20.83% from its 52-week high. The company has generated returns on investments over the last 12 months (7.04%).
JOYY Inc ADR quarterly earnings per share for the current quarter are estimated at 0.89 with sales reaching $558M over the same period.The EPS is expected to shrink by -13.23% this year, but quarterly earnings will post 0.50% year-over-year.
The shares outstanding are 44.54M, and float is at 42.78M with Short Float at 3.46%.
The top institutional shareholder in the company is POINT72 HONG KONG LTD with over 3.02 million shares valued at $90.95 million. The investor’s holdings represent 4.8924 of the YY Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 1.75 million shares valued at $52.74 million to account for 2.8383 of the shares outstanding. The other top investors are KRANE FUNDS ADVISORS LLC which holds 1.41 million shares representing 2.2894 and valued at over $42.56 million, while BLACKROCK INC. holds 1.946 of the shares totaling 1.2 million with a market value of $36.18 million.
