JOYY Inc. with ticker code (YY) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 104 and 34 with the average target price sitting at $48.29. Given that the stocks previous close was at $30.43 this would indicate that there is a potential upside of 58.7%. It’s also worth noting that there is a 50 day moving average of $30.08 and the 200 moving average now moves to $30.04. The market cap for the company is $2,116m. Find out more information at: https://joyy.sg
The potential market cap would be $3,358m based on the market consensus.
JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. The company operates Bigo Live, a social live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a multiuser social networking platform that provides casual games; imo, an instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.; and Shopline, a smart commerce enabler that provides an integrated omnichannel platform for merchants to create and grow brands online and reach customers. It operates in the People’s Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
The company has a dividend yield of 6.71% with the ex dividend date set at 12-4-2023 (DMY).
Other points of data to note are a P/E ratio of 18.99, revenue per share of 33.51 and a 0.45% return on assets.
