DouYu Stock Is 16% Down In The Last 5 Sessions

(VIANEWS) – Shares of DouYu (NASDAQ: DOYU) dropped by a staggering 16.84% in 5 sessions from $1.97 at -16.84, to $1.64 at 10:31 EST on Wednesday, following the last session’s upward trend. NASDAQ is falling 0.67% to $12,032.64, following the last session’s upward trend.

DouYu’s last close was $1.69, 35% below its 52-week high of $2.60.

About DouYu

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers. The company also sponsors eSports teams and organizes eSports tournaments. In addition, it streams other content to include a spectrum of live streaming entertainment options, such as talent shows, music, outdoor, and travel. Further, the company records and offers video clips to allow users to watch replays of selective live streaming content; and allows viewers and streamers to edit and upload short video clips by themselves. DouYu International Holdings Limited was founded in 2014 and is headquartered in Wuhan, the People's Republic of China.

Earnings Per Share

As for profitability, DouYu has a trailing twelve months EPS of $-0.255.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.1%.

Volume

Today’s last reported volume for DouYu is 255263 which is 83.14% below its average volume of 1498970.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

DouYu’s stock is considered to be overbought (>=80).

Volatility

DouYu’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.88%, a positive 0.17%, and a positive 6.70%.

DouYu’s highest amplitude of average volatility was 5.41% (last week), 4.55% (last month), and 6.70% (last quarter).

More news about DouYu (DOYU).

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