DouYu International Holdings Limited (NASDAQ:DOYU) Shares Bought by Athos Capital Ltd

Athos Capital Ltd grew its position in shares of DouYu International Holdings Limited (NASDAQ:DOYU) by 9.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 19,925 shares of the company’s stock after acquiring an additional 1,700 shares during the period. DouYu International comprises about 0.1% of Athos Capital Ltd’s holdings, making the stock its 26th largest position. Athos Capital Ltd’s holdings in DouYu International were worth $216,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC raised its holdings in DouYu International by 57.7% in the third quarter. FMR LLC now owns 1,859,521 shares of the company’s stock valued at $20,139,000 after buying an additional 680,659 shares during the period. Point72 Hong Kong Ltd purchased a new position in shares of DouYu International in the 3rd quarter valued at $5,968,000. BRIGHT VALLEY CAPITAL Ltd lifted its holdings in shares of DouYu International by 42.0% during the 2nd quarter. BRIGHT VALLEY CAPITAL Ltd now owns 371,184 shares of the company’s stock valued at $4,079,000 after acquiring an additional 109,768 shares in the last quarter. Polunin Capital Partners Ltd purchased a new stake in DouYu International during the 2nd quarter worth $3,526,000. Finally, Dimensional Fund Advisors LP increased its holdings in DouYu International by 46.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 160,276 shares of the company’s stock valued at $1,761,000 after purchasing an additional 50,531 shares in the last quarter. 17.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Hsbc Global Res downgraded DouYu International from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, September 24th. HSBC downgraded shares of DouYu International from a “hold” rating to a “reduce” rating in a research report on Tuesday, September 24th.

DouYu International Stock Performance

NASDAQ:DOYU opened at $11.44 on Monday. The stock has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $12.30. DouYu International Holdings Limited has a one year low of $6.29 and a one year high of $20.17. The company has a market capitalization of $361.92 million, a price-to-earnings ratio of -13.00 and a beta of 0.95.

DouYu International (NASDAQ:DOYU) last released its quarterly earnings data on Thursday, September 12th. The company reported ($0.20) EPS for the quarter. The business had revenue of $142.01 million during the quarter. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.

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.