(VIANEWS) – Shares of DouYu (NASDAQ: DOYU) slid by a staggering 33.67% in 21 sessions from $1.96 at 2023-02-01, to $1.30 at 11:29 EST on Wednesday, after five sequential sessions in a row of losses. NASDAQ is sliding 0.66% to $11,379.87, after three sequential sessions in a row of losses.
DouYu’s last close was $1.25, 49.64% below 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 23.4%, now sitting on 7.76B for the twelve trailing months.
Volume
Today’s last reported volume for DouYu is 407031 which is 74.74% below its average volume of 1598620.
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).
More news about DouYu (DOYU).
