JOYY Inc. which can be found using ticker (YY) now have 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 104 and 39 with the average target price sitting at $51.27. Given that the stocks previous close was at $28.00 this is indicating there is a potential upside of 83.1%. The 50 day MA is $34.27 and the 200 moving average now moves to $30.23. The company has a market capitalization of $2,008m. Visit the company website at: https://joyy.sg
The potential market cap would be $3,676m 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 7.43% with the ex dividend date set at 12-4-2023 (DMY).
Other points of data to note are a P/E ratio of 3.84, revenue per share of 33.51 and a 0.45% return on assets.
