Stock News Buzz: DouYu International Holdings Limited (NASDAQ:DOYU)

DouYu International Holdings Limited (NASDAQ:DOYU) changed -3.45% to recent value of $7. The stock transacted 599729 shares during most recent day however it has an average volume of 1.66M shares. It spotted trading -41.08% off 52-week high price. On the other end, the stock has been noted 7.69% away from the low price over the last 52-weeks.

On March 23,2020, DouYu International Holdings Limited (NASDAQ:DOYU) a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, notified the appointment of Ms. Song Zhou, effective as of March 24, 2020 (Beijing Time), as a succeeding director to Ms. Ting Yin, who had previously served as a director on the Company’s board of directors since January 2019.

Since 2011, Ms. Zhou has served as the Vice General Manager of Finance at Tencent Holdings Limited. Prior to joining Tencent, Ms. Zhou had served in senior roles in consulting and auditing firms. Ms. Zhou obtained her bachelor’s degree in Accounting from Sun Yat-sen University.

About DouYu International Holdings Limited

Headquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. DouYu’s platform brings together a deep pool of top live streamers. By providing a sustainable streamer development system built on advanced technology infrastructure and capabilities, DouYu helps ensure a consistent supply of quality content. Through collaborations with a variety of participants across the eSports value chain, the Company has gained coveted access to a wide variety of premium eSports content, which further attracts viewers and enhances user experience.

DOYU has a gross margin of 16.40%. Its earnings per share (EPS) expected to touch remained 140.20% for this year while earning per share for the next 5-years is expected to reach at 35.19%.

The company has 312.10M of outstanding shares. According to the most recent quarter its current ratio was 4.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of -9.14% from the mean of 20 days, -14.00% from mean of 50 days SMA and performed -16.27% from mean of 200 days price. Company’s performance for the week was -5.02%, -13.26% for month and YTD performance remained -17.36%.

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