Streetbeat News

DOYU

DouYu International Holdings Limited

https://www.douyu.com

Industry

Internet Content & Information

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. The company also sponsors eSports teams and organizes eSports tournaments. In addition, it streams other content to include a spectrum of live streaming entertainment options, such as talent shows, music, outdoor, and travel. Further, the company records and offers video clips to allow users to watch replays of selective live streaming content; and allows viewers and streamers to edit and upload short video clips by themselves. DouYu International Holdings Limited was founded in 2014 and is headquartered in Wuhan, the People's Republic of China.

Open

10.55

Mkt cap

322M

Volume

108K

High

10.78

P/E Ratio

-18.63

52-wk high

20.17

Low

10.03

Div yield

0.27

52-wk low

6.29

Huya Inc. (NYSE:HUYA) is diversifying its revenue streams amid a challenging Chinese economy and regulatory environment. Despite a 16% revenue decline in Q2, income from new game-related services more than doubled, showing promise for future growth. The company announced a special cash dividend and extended its share buyback program, which initially boosted its stock price. Huya's financials remain stable, with significant interest income and cash reserves.

Portfolio Pulse from The Bamboo Works

August 22, 2024 | 4:44 pm

DouYu International Holdings Ltd (NASDAQ:DOYU) shares fell by 4.1% to $17.21 after the company announced a special cash dividend of $300 million, payable on August 30, 2024. Despite the dividend, Wall Street analysts remain neutral on the stock, with Citigroup's Brian Gong predicting an 8.33% fall in the coming year. The stock has risen 118% in the past three months, despite a 33.32% drop in revenue over the past year.

Portfolio Pulse from Henry Khederian

July 05, 2024 | 3:02 pm

The article highlights the pre-market movements of 12 communication services stocks on Thursday. Notable gainers include DouYu Intl Hldgs (DOYU), TuanChe (TC), Paramount Global (PARA, PARAA), HUYA (HUYA), and Urban One (UONE). Significant losers include Leafly Holdings (LFLY), Hanryu Holdings (HRYU), Loop Media (LPTV), Global Mofy Metaverse (GMM), Motorsport Games (MSGM), and Blue Hat Interactive (BHAT).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

HSBC analyst Ritchie Sun has upgraded DouYu Intl Hldgs (NASDAQ:DOYU) from Reduce to Hold and set a price target of $15.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 5:27 pm

DouYu International Holdings Limited (NASDAQ:DOYU) shares surged 30% after the company announced a special cash dividend of $9.76 per share, totaling approximately $300 million, to be paid on August 30, 2024.

Portfolio Pulse from Erica Kollmann

July 03, 2024 | 2:20 pm

Market-Moving News for July 3rd: Paramount Global (PARA) shares rise 16% on merger news with Skydance, DouYu International Holdings (DOYU) shares surge 38% after announcing a special cash dividend, and Repay (RPAY) shares fall 14% following the pricing of its convertible notes offering.

Portfolio Pulse from ryanfaloona@benzinga.com

July 03, 2024 | 12:42 pm

DouYu International Holdings shares are trading higher after the company announced it approved a special cash dividend.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:43 am

DouYu International's Board of Directors has approved and declared a special cash dividend of $9.76 per share or ADS, payable to holders of record as of August 21, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 9:33 am

Tesla reported Q2 deliveries, leading to an 8.6% rise in its stock price. Other stocks like Wheels Up Experience, Lufax Holding, Nikola Corporation, and Archer Aviation also saw significant gains. The Nasdaq Composite gained around 100 points.

Portfolio Pulse from Avi Kapoor

July 02, 2024 | 6:18 pm

Citigroup analyst Brian Gong maintains a Sell rating on DouYu Intl Hldgs (NASDAQ:DOYU) and lowers the price target from $6 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:38 pm

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