Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of JOYY Inc ADR (NASDAQ: YY) closed at $36.89 in the last session, down -0.43% from day before closing price of $37.05. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.79 million shares were traded. YY stock price reached its highest trading level at $37.77 during the session, while it also had its lowest trading level at $36.43.
Ratios:
We take a closer look at YY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1985736960 and an Enterprise Value of 37397868544. As of this moment, JOYY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.52, and their Forward P/E ratio for the next fiscal year is 8.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 16.5 whereas that against EBITDA is 281.548.
Stock Price History:
Over the past 52 weeks, YY has reached a high of $42.76, while it has fallen to a 52-week low of $27.88. The 50-Day Moving Average of the stock is 1.81%, while the 200-Day Moving Average is calculated to be 8.89%.
Shares Statistics:
According to the various share statistics, YY traded on average about 496.77K shares per day over the past 3-months and 786850 shares per day over the past 10 days. A total of 37.50M shares are outstanding, with a floating share count of 36.58M. Insiders hold about 2.47% of the company’s shares, while institutions hold 64.35% stake in the company. Shares short for YY as of 1731628800 were 1123956 with a Short Ratio of 2.36, compared to 1728950400 on 1111553. Therefore, it implies a Short% of Shares Outstanding of 1123956 and a Short% of Float of 4.0700004.