HUYA Inc. (NYSE:HUYA) Plans $1.47 Annual Dividend

HUYA Inc. (NYSE:HUYA) declared an annual dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 1.47 per share on Monday, June 30th. This represents a yield of 42.55%. The ex-dividend date of this dividend is Tuesday, June 17th.

HUYA Stock Performance

HUYA traded down $0.26 during midday trading on Wednesday, reaching $3.46. 13,889,825 shares of the company were exchanged, compared to its average volume of 1,513,271. HUYA has a one year low of $2.82 and a one year high of $6.84. The stock has a market capitalization of $782.12 million, a P/E ratio of -38.39 and a beta of 0.72. The stock’s 50-day simple moving average is $3.70 and its 200 day simple moving average is $3.68.

HUYA (NYSE:HUYA) last issued its earnings results on Tuesday, March 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the business posted $0.48 EPS. HUYA’s quarterly revenue was down 2.2% on a year-over-year basis. On average, research analysts anticipate that HUYA will post 0.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Daiwa Capital Markets lowered HUYA from an “outperform” rating to a “neutral” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $5.68.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.