While JOYY Inc ADR has overperformed by 1.60%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, YY rose by 58.91%, with highs and lows ranging from $55.31 to $27.88, whereas the simple moving average jumped by 36.72% in the last 200 days.
On February 25, 2025, The Benchmark Company Upgraded JOYY Inc ADR (NASDAQ: YY) to Buy. A report published by BofA Securities on March 25, 2024, Downgraded its rating to ‘Neutral’ for YY. JP Morgan May 16, 2022d its ‘Underweight’ rating to ‘Neutral’ for YY, as published in its report on May 16, 2022. JP Morgan’s report from March 14, 2022 suggests a price prediction of $25 for YY shares, giving the stock a ‘Underweight’ rating. Goldman also rated the stock as ‘Sell’.
Analysis of JOYY Inc ADR (YY)
Further, the quarter-over-quarter decrease in sales is -1.96%, showing a negative trend in the upcoming months.
In order to gain a clear picture of JOYY Inc ADR’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 3.99% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.22, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 584.03K can be a very valuable indicator of volatility for YY stock. On a monthly basis, the volatility of the stock is set at 4.71%, whereas on a weekly basis, it is put at 3.78%, with a gain of 6.70% over the past seven days. Furthermore, long-term investors anticipate a median target price of $56.28, showing growth from the present price of $50.31, which can serve as yet another indication of whether YY is worth investing in or should be passed over.
How Do You Analyze JOYY Inc ADR Shares?
The Singapore based company JOYY Inc ADR (YY) is one of the biggest names in Internet Content & Information. When comparing JOYY Inc ADR shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 15.71, there is a growth in quarterly earnings of 55.88%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.03%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 64.94% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
YY shares are owned by institutional investors to the tune of 64.94% at present.
