Citigroup lowered the price target for the DouYu International Holdings Limited (NASDAQ:DOYU) stock from “a Neutral” to “a Sell”. The rating was released on November 22, 2022, according to finviz. The research report from BofA Securities has resumed the stock to Underperform, with a price target set at $3.30. The stock was resumed by China Renaissance, who disclosed in a research note on July 13, 2021, to Hold and set the price objective to $6. In their research brief published November 05, 2020, China Renaissance analysts downgraded the DouYu International Holdings Limited stock from Buy to Hold with a price target of $16.06.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of DouYu International Holdings Limited (NASDAQ:DOYU) raised 5.22% to close Wednesday’s market session at $1.21, higher as compared to yesterday’s close. The stock price fluctuated between $1.12 and $1.21 throughout the trading session with the volume trading being 499549 shares, which represented a significant variation when compared to the three months average volume of 934.01K shares. The firm’s stock price fluctuated -0.82% within the last five trades and 21.00% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -1.63% in the last 6 months and -7.63% was subtracted to its value over the previous 3 months. DOYU stock is trading at a margin of 12.12%, 10.11% and -17.45% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, DOYU deals in the Communication Services domain. The stock is trading -60.43 percent below its 52-week high and 34.44 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -63. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does DouYu International Holdings Limited’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -5.50 percent and the profit margin is -5.90 percent, and the company has reported a gross margin of 13.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $381.25 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 4.14. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.33 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.44, which equates the market value of a stock with its book value.