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The closing price of JOYY Inc ADR (NASDAQ: YY) was $35.61 for the day, up 2.36% from the previous closing price of $34.79. In other words, the price has increased by $2.36 from its previous closing price. On the day, 0.5 million shares were traded. YY stock price reached its highest trading level at $36.06 during the session, while it also had its lowest trading level at $35.18.
Ratios:
Our analysis of YY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 05 ’24 when Morningside China TMT Special bought 142,466 shares for $35.10 per share.
Morningside China TMT Fund III bought 13,899 shares of YY for $487,000 on Sep 05 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YY now has a Market Capitalization of 2033694208 and an Enterprise Value of 38094614528. As of this moment, JOYY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.94, and their Forward P/E ratio for the next fiscal year is 8.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 16.807 whereas that against EBITDA is 286.793.
Stock Price History:
Over the past 52 weeks, YY has reached a high of $43.20, while it has fallen to a 52-week low of $27.88. The 50-Day Moving Average of the stock is 3.59%, while the 200-Day Moving Average is calculated to be 7.34%.
Shares Statistics:
YY traded an average of 344.40K shares per day over the past three months and 338960 shares per day over the past ten days. A total of 44.54M shares are outstanding, with a floating share count of 40.58M. Insiders hold about 0.50% of the company’s shares, while institutions hold 66.56% stake in the company. Shares short for YY as of 1724976000 were 1233630 with a Short Ratio of 3.58, compared to 1722384000 on 1481403. Therefore, it implies a Short% of Shares Outstanding of 1233630 and a Short% of Float of 4.4699997.
