JOYY Inc. which can be found using ticker (YY) have now 19 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 calculating the average target price we see $49.85. Given that the stocks previous close was at $29.70 this is indicating there is a potential upside of 67.8%. The 50 day moving average now sits at $31.51 and the 200 day moving average is $29.98. The company has a market capitalization of $2,054m. Company Website: https://joyy.sg
The potential market cap would be $3,448m based on the market consensus.
JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a 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 casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People’s Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. 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 6.92% with the ex dividend date set at 12-4-2023 (DMY).
Other points of data to note are a P/E ratio of 18.55, revenue per share of 33.51 and a 0.45% return on assets.
