A look at DouYu International Holdings Limited’s (DOYU) recent performance gives investors their first glimpse of hope.

On January 24, 2023, DouYu International Holdings Limited (NASDAQ: DOYU) opened at $1.81, lower -3.23% from the last session. During the day, the shares moved up to $1.8482 and dropped to $1.78 before settling in for the closing price of $1.86. Price fluctuations for DOYU have ranged from $0.90 to $2.60 over the past 52 weeks.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 63.40%. Company’s average yearly earnings per share was noted -221.60% at the time writing. With a float of $317.45 million, this company’s outstanding shares have now reached $319.66 million.

Let’s determine the extent of company efficiency that accounts for 2155 employees. In terms of profitability, gross margin is +11.89, operating margin of -7.95, and the pretax margin is -6.60.

DouYu International Holdings Limited (DOYU) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.04) by $0.05. This company achieved a net margin of -6.35 while generating a return on equity of -8.83. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -221.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.31% during the next five years compared to 11.50% growth over the previous five years of trading.

DouYu International Holdings Limited (NASDAQ: DOYU) Trading Performance Indicators

Check out the current performance indicators for DouYu International Holdings Limited (DOYU). In the past quarter, the stock posted a quick ratio of 4.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.

Technical Analysis of DouYu International Holdings Limited (DOYU)

Looking closely at DouYu International Holdings Limited (NASDAQ: DOYU), its last 5-days average volume was 1.39 million, which is a drop from its year-to-date volume of 2.21 million. As of the previous 9 days, the stock’s Stochastic %D was 77.57%. Additionally, its Average True Range was 0.15.

During the past 100 days, DouYu International Holdings Limited’s (DOYU) raw stochastic average was set at 89.11%, which indicates a significant increase from 79.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.48% in the past 14 days, which was lower than the 104.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3995, while its 200-day Moving Average is $1.3283. However, in the short run, DouYu International Holdings Limited’s stock first resistance to watch stands at $1.8388. Second resistance stands at $1.8776. The third major resistance level sits at $1.9070. If the price goes on to break the first support level at $1.7706, it is likely to go to the next support level at $1.7412. Should the price break the second support level, the third support level stands at $1.7024.

DouYu International Holdings Limited (NASDAQ: DOYU) Key Stats

There are currently 317,484K shares outstanding in the company with a market cap of 536.17 million. Presently, the company’s annual sales total 1,438 M according to its annual income of -91,310 K. Last quarter, the company’s sales amounted to 252,810 K and its income totaled -420 K.


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