(VIANEWS) – Shares of DouYu (NASDAQ: DOYU) dropped by a staggering 20.98% in 14 days from $1.43 to $1.13 at 13:07 EST on Friday, after two successive sessions in a row of losses. NASDAQ is dropping 2.22% to $10,821.30, after three successive sessions in a row of losses.
DouYu’s last close was $1.21, 69.75% below its 52-week high of $4.00.
DouYu International Holdings Limited operates, along with its subsidiaries on mobile and PC, a platform that offers interactive games as well as entertainment and live streaming in China. The platform allows game publishers and players to connect with their developers, as well as advertisers and spectators. It also sponsors eSports players and organises eSports tournaments. It also streams other entertainment content, including talent shows, music and outdoor. The company also records video clips and makes it available to users for replays. It allows streamers and viewers to upload and edit short videos. DouYu International Holdings Limited, a company based in Wuhan in the People’s Republic of China was established in 2014.
Today’s last reported volume for DouYu is 405707 which is 60.65% below its average volume of 1031220.
The company’s growth estimates for the ongoing quarter is 20% and a drop 33.3% for the next.
Year-on-year quarterly revenue growth declined by 16.6%, now sitting on 8.81B for the twelve trailing months.
DouYu’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.84%, a positive 0.92%, and a positive 3.40%, respectively.
DouYu’s highest amplitude of average volatility was 4.41% (last week), 3.50% (last month), and 3.40% (last quarter), respectively.
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).
DouYu’s Stock Yearly Top and Bottom Value
DouYu’s stock is valued at $1.13 at 13:07 EST, way below its 52-week high of $4.00 and higher than its 52-week low of $1.11.
DouYu’s Moving Average
DouYu’s worth is way below its 50-day moving average of $1.29 and way below its 200-day moving average of $1.78.
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