DouYu International Holdings Limited (NASDAQ:DOYU – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 2,020,000 shares, an increase of 6.3% from the August 31st total of 1,900,000 shares. Based on an average daily volume of 381,900 shares, the short-interest ratio is presently 5.3 days. Currently, 6.4% of the company’s stock are short sold.
DouYu International Stock Performance
Shares of NASDAQ:DOYU opened at $11.23 on Wednesday. DouYu International has a 52-week low of $6.29 and a 52-week high of $20.17. The stock has a market capitalization of $355.27 million, a price-to-earnings ratio of -29.55 and a beta of 0.95. The stock’s 50-day simple moving average is $14.04 and its two-hundred day simple moving average is $11.71.
DouYu International (NASDAQ:DOYU – Get Free Report) last announced its earnings results on Thursday, September 12th. The company reported ($0.20) earnings per share (EPS) for the quarter. DouYu International had a negative net margin of 2.63% and a negative return on equity of 0.97%. The business had revenue of $142.01 million for the quarter.
Hedge Funds Weigh In On DouYu International
Analyst Ratings Changes
DOYU has been the subject of a number of recent analyst reports. HSBC lowered DouYu International from a “hold” rating to a “reduce” rating in a research report on Tuesday, September 24th. Hsbc Global Res cut shares of DouYu International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, September 24th. Finally, Citigroup dropped their target price on shares of DouYu International from $6.00 to $5.50 and set a “sell” rating on the stock in a report on Friday, June 7th.
Get Our Latest Report on DouYu International
DouYu International Company Profile
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
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