DouYu International Holdings Limited (NASDAQ:DOYU – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 1,860,000 shares, an increase of 6.3% from the July 31st total of 1,750,000 shares. Currently, 5.9% of the shares of the company are sold short. Based on an average daily volume of 299,100 shares, the short-interest ratio is presently 6.2 days.
Analysts Set New Price Targets
Several analysts have recently commented on DOYU shares. Hsbc Global Res raised DouYu International from a “moderate sell” rating to a “hold” rating in a report on Wednesday, July 3rd. HSBC raised DouYu International from a “reduce” rating to a “hold” rating and set a $15.00 target price for the company in a report on Wednesday, July 3rd. Finally, Citigroup lowered their price target on shares of DouYu International from $6.00 to $5.50 and set a “sell” rating on the stock in a research note on Friday, June 7th.
View Our Latest Stock Report on DOYU
Institutional Investors Weigh In On DouYu International
DouYu International Trading Up 1.3 %
Shares of NASDAQ:DOYU traded up $0.25 during trading on Monday, hitting $18.84. 352,100 shares of the stock were exchanged, compared to its average volume of 177,399. DouYu International has a 12-month low of $6.29 and a 12-month high of $20.17. The company has a market cap of $596.02 million, a PE ratio of -49.58 and a beta of 0.94. The company has a fifty day moving average price of $16.76 and a two-hundred day moving average price of $11.49.
DouYu International (NASDAQ:DOYU – Get Free Report) last posted its earnings results on Wednesday, June 5th. The company reported ($0.37) EPS for the quarter. DouYu International had a positive return on equity of 0.62% and a negative net margin of 1.35%. The firm had revenue of $144.00 million for the quarter.
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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