Stock Market Recap: JOYY Inc ADR (YY) Concludes at 35.01, a -2.10 Surge/Decline

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After finishing at $35.76 in the prior trading day, JOYY Inc ADR (NASDAQ: YY) closed at $35.01, down -2.10%. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 0.79 million shares were traded. YY stock price reached its highest trading level at $35.3246 during the session, while it also had its lowest trading level at $33.66.

Ratios:

Our goal is to gain a better understanding of YY by taking a closer look at its different ratios. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1999427968 and an Enterprise Value of 37409292288. As of this moment, JOYY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.79, and their Forward P/E ratio for the next fiscal year is 8.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 16.505 whereas that against EBITDA is 281.634.

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 0.11%, while the 200-Day Moving Average is calculated to be 5.99%.

Shares Statistics:

The stock has traded on average 383.45K shares per day over the past 3-months and 588130 shares per day over the last 10 days, according to various share statistics. 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 66.51% stake in the company. Shares short for YY as of 1726185600 were 1117699 with a Short Ratio of 2.91, compared to 1723680000 on 1706879. Therefore, it implies a Short% of Shares Outstanding of 1117699 and a Short% of Float of 4.05.

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