HUYA Inc. (HUYA) to Issue — Dividend of $1.06 on October 25th

HUYA Inc. (NYSE:HUYA) announced a — dividend on Tuesday, August 13th, Wall Street Journal reports. Shareholders of record on Wednesday, October 9th will be given a dividend of 1.06 per share on Friday, October 25th. The ex-dividend date of this dividend is Wednesday, October 9th. This is an increase from HUYA’s previous — dividend of $0.64.

HUYA Price Performance

HUYA stock opened at $6.23 on Monday. The business has a 50 day simple moving average of $4.39 and a 200 day simple moving average of $4.54. The company has a market capitalization of $1.45 billion, a PE ratio of -62.30 and a beta of 0.60. HUYA has a one year low of $2.82 and a one year high of $6.84.

HUYA (NYSE:HUYA) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.35. HUYA had a positive return on equity of 0.53% and a negative net margin of 2.69%. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period last year, the business earned $0.05 earnings per share. The business’s revenue was down 16.1% on a year-over-year basis. Equities analysts anticipate that HUYA will post 0.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Citigroup raised shares of HUYA from a “sell” rating to a “buy” rating and raised their price objective for the stock from $2.40 to $6.00 in a report on Wednesday, August 14th.

HUYA Company Profile

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.