HUYA Inc. (HUYA) To Go Ex-Dividend on June 17th

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

HUYA Trading Down 7.4 %

Shares of HUYA stock opened at $3.21 on Friday. The company has a market capitalization of $725.52 million, a price-to-earnings ratio of -35.61 and a beta of 0.72. HUYA has a twelve month low of $2.82 and a twelve month high of $6.84. The firm has a 50-day moving average price of $3.71 and a 200 day moving average price of $3.68.

HUYA (NYSE:HUYA) last announced its quarterly earnings data on Tuesday, March 18th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.53 billion. During the same quarter in the previous year, the company earned $0.48 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. As a group, research analysts predict that HUYA will post 0.16 earnings per share for the current year.

Analysts Set New Price Targets

HUYA has been the subject of a number of research reports. Daiwa Capital Markets downgraded shares of HUYA from an “outperform” rating to a “neutral” rating in a report on Tuesday. Daiwa America downgraded shares of HUYA from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, HUYA 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.