(VIANEWS) – Shares of DouYu (NASDAQ: DOYU) dropped by a staggering 30.3% in 21 sessions from $1.65 at 2023-02-15, to $1.15 at 11:16 EST on Wednesday, after two consecutive sessions in a row of gains. NASDAQ is dropping 0.93% to $11,322.11, after two consecutive sessions in a row of gains.
DouYu’s last close was $1.21, 51.25% under its 52-week high of $2.48.
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 -4.93%.
Moving Average
DouYu’s worth is way below its 50-day moving average of $1.57 and way under its 200-day moving average of $1.31.
Volume
Today’s last reported volume for DouYu is 284220 which is 82.39% below its average volume of 1517480.
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