DouYu Stock Falls 9% So Far On Wednesday, Underperforms Market

(VIANEWS) – Shares of DouYu (NASDAQ: DOYU) fell 9.51% to $0.95 at 13:38 EST on Wednesday, after four consecutive sessions in a row of losses. NASDAQ is rising 0.56% to $12,247.23, following the last session’s downward trend. This seems, up until now, a somewhat up trend trading session today.

DouYu’s last close was $1.05, 50.47% below its 52-week high of $2.12.

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 professional players and 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. 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 $-0.03.

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 -1.41%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 100% and a drop 100% for the next.

Moving Average

DouYu’s worth is way under its 50-day moving average of $1.17 and way under its 200-day moving average of $1.29.

More news about DouYu (DOYU).

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