JOYY (NASDAQ:YY) Share Price Breaks Below 50-Day Moving Average – Time to Sell?

Posted by Geri Gentry on Oct 31st, 2026

JOYY Inc. (NASDAQ:YY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $78.70 and traded as low as $72.06. JOYY shares last traded at $75.41, with a volume of 592,281 shares traded.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded JOYY to a “buy” rating in a research note on Wednesday, August 12th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $66.00.

Read Our Latest Research Report on YY

JOYY Stock Performance

The stock’s 50-day moving average price is $78.82 and its two-hundred day moving average price is $68.33. The stock has a market capitalization of $4.32 billion, a PE ratio of 24.27 and a beta of 0.21.

Hedge Funds Weigh In On JOYY

Large investors have recently made changes to their positions in the business. Pinnacle Holdings LLC purchased a new stake in shares of JOYY in the 2nd quarter worth approximately $32,000. Vise Technologies Inc. purchased a new position in JOYY during the third quarter valued at $311,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in JOYY during the third quarter valued at $3,893,000. Public Employees Retirement System of Ohio purchased a new position in JOYY during the second quarter valued at $8,973,000. Finally, Wellington Management Group LLP bought a new stake in JOYY in the second quarter worth $9,572,000. 36.83% of the stock is currently owned by hedge funds and other institutional investors.

JOYY Company Profile

(Get Free Report)

JOYY Inc (NASDAQ:YY) is a global technology company that develops social media, live-streaming, short-form video, instant messaging and online entertainment platforms. The company was formerly known as YY Inc and adopted the JOYY name in 2019 as it expanded its focus beyond its original Chinese live-streaming business.

Its principal products include Bigo Live, a live-streaming platform; Likee, a short-form video and social networking application; imo, an instant messaging and voice and video communication service; and Hago, a social gaming and entertainment platform.