JOYY Inc. found using ticker (YY) have now 19 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 104 and 44 calculating the mean target price we have 63.73. Given that the stocks previous close was at 34.6 this is indicating there is a potential upside of 84.2%. The 50 day moving average now sits at 38.36 and the 200 day MA is 47.3. The company has a market cap of $2,341m. Company Website: https://joyy.sg
The potential market cap would be $4,312m based on the market concensus.
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.
