Do you want to know where to find good stock? Take a look at DouYu International Holdings Ltd ADR’s (NASDAQ:DOYU) Sentiment Analysis

DouYu International Holdings Ltd ADR (DOYU)’s stock has witnessed a price hike of 0.41% from the previous close with its current price standing at $0.71. Its current price is -43.34% under its 52-week high of $1.26 and 9.78% more than its 52-week low of $0.65. Based on the past 30-day period, the stock price is -12.62% below the high and +9.69% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, DOYU’s SMA-200 is $0.9187.

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Additionally, it is important to take into account DOYU stock ratios, including its price-to-sales ratio, which is 0.27 for the last tewlve months.DOYU’s price to book ratio for the most recent quarter was 0.24, resulting in an 0.25 price to cash per share for the period.

How does DouYu International Holdings Ltd ADR (DOYU) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 5 brokerage firms that recommend the stock as a Moderate Sell. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 2.00 in simple terms.

DouYu International Holdings Ltd ADR (DOYU): Earnings History

If we examine DouYu International Holdings Ltd ADR’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of $0.03, slashing the consensus of $0.03. In other words, it topped the consensus by $0, resulting in a 0.00% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of $0.03 in contrast with the Outlook of $0.03. That was a difference of $0 and a surprise of 0.00%.

DouYu International Holdings Ltd ADR (NASDAQ: DOYU) Ownership Details

I will give a breakdown of the key shareholders in DouYu International Holdings Ltd ADR (DOYU). Recent figures show that the company’s insiders hold 3.75% of shares. A total of 72 institutional investors hold shares in the company, making 18.10% of its stock and 18.81% of its float.

Jun 29, 2023, it was reported that the Company’s largest institutional holder is Oasis Management Co Ltd. holding total of 12.87 million shares that make 4.02% of the company’s total number of shares and are currently priced at 13.51 million.

The securities firm Pentwater Capital Management Lp holds 7.23 million shares of DOYU, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 2.26%, and the holding percentage of shares is valued at 7.59 million.

An overview of DouYu International Holdings Ltd ADR’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests DouYu International Holdings Ltd ADR (DOYU) traded 1,091,912 shares per day, with a moving average of $0.7423 and price change of -0.0167. With the moving average of $0.7745 and a price change of -0.2015, about 791,699 shares changed hands on average over the past 50 days. Finally, DOYU’s 100-day average volume is 1,085,945 shares, alongside a moving average of $0.8059 and a price change of -0.1952.

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