JOYY (NASDAQ:YY – Get Free Report) was upgraded by equities research analysts at Benchmark from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.
JOYY Price Performance
NASDAQ YY opened at $49.00 on Tuesday. The firm’s fifty day moving average price is $43.58 and its 200 day moving average price is $38.53. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 14.80 and a beta of 0.28. JOYY has a 12 month low of $27.88 and a 12 month high of $55.31.
JOYY (NASDAQ:YY – Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The information services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.22. JOYY had a net margin of 9.02% and a return on equity of 4.64%. As a group, sell-side analysts forecast that JOYY will post 3.37 earnings per share for the current year.
Institutional Inflows and Outflows
JOYY Company Profile
JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.
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