A new trading day began on Monday, with JOYY Inc ADR (NASDAQ: YY) stock price up 9.03% from the previous day of trading, before settling in for the closing price of $38.85. YY’s price has ranged from $27.88 to $40.98 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 14.60% over the last five years. Meanwhile, its annual earnings per share averaged 2.08%. With a float of $36.58 million, this company’s outstanding shares have now reached $37.50 million.
The firm has a total of 6292 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.6%, operating margin of 0.83%, and the pretax margin is 8.99%.
JOYY Inc ADR (YY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of JOYY Inc ADR is 2.47%, while institutional ownership is 64.69%. The most recent insider transaction that took place on Sep 05 ’24, was worth 5,000,000. Before that another transaction happened on Sep 05 ’24, when Company’s Director proposed sale 13,899 for $35.04, making the entire transaction worth $487,000.
JOYY Inc ADR (YY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.33% during the next five years compared to 4.67% growth over the previous five years of trading.
JOYY Inc ADR (NASDAQ: YY) Trading Performance Indicators
Here are JOYY Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.20, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 4.32 in one year’s time.
Technical Analysis of JOYY Inc ADR (YY)
Analysing the last 5-days average volume posted by the [JOYY Inc ADR, YY], we can find that recorded value of 0.52 million was better than the volume posted last year of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 87.72%. Additionally, its Average True Range was 1.49.
During the past 100 days, JOYY Inc ADR’s (YY) raw stochastic average was set at 96.62%, which indicates a significant increase from 95.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.85% in the past 14 days, which was higher than the 36.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.29, while its 200-day Moving Average is $33.38. Now, the first resistance to watch is $43.88. This is followed by the second major resistance level at $45.41. The third major resistance level sits at $48.05. If the price goes on to break the first support level at $39.71, it is likely to go to the next support level at $37.07. Should the price break the second support level, the third support level stands at $35.54.
JOYY Inc ADR (NASDAQ: YY) Key Stats
With a market capitalization of 1.59 billion, the company has a total of 57,110K Shares Outstanding. Currently, annual sales are 2,268 M while annual income is 301,820 K. The company’s previous quarter sales were 565,130 K while its latest quarter income was 52,070 K.
