DouYu International (NASDAQ:DOYU) Issues Quarterly Earnings Results

DouYu International (NASDAQ:DOYU) issued its earnings results on Friday. The company reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($2.18) by $1.87, Zacks reports. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.92%.

DouYu International Stock Down 3.7 %

Shares of DOYU stock opened at $7.83 on Friday. The firm has a market cap of $247.68 million, a price-to-earnings ratio of -8.90 and a beta of 1.00. DouYu International has a 52-week low of $6.29 and a 52-week high of $20.17. The company’s 50 day moving average is $12.43 and its 200 day moving average is $11.37.

DouYu International Increases Dividend

The firm also recently declared a — dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, February 10th were issued a $9.94 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a positive change from DouYu International’s previous — dividend of $9.71.

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.