Jump Financial LLC Invests $114,000 in DouYu International Holdings Limited (NASDAQ:DOYU)

Jump Financial LLC purchased a new position in shares of DouYu International Holdings Limited (NASDAQ:DOYU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,126 shares of the company’s stock, valued at approximately $114,000.

Other institutional investors have also modified their holdings of the company. Advisors Preferred LLC bought a new position in shares of DouYu International during the fourth quarter worth about $51,000. Headlands Technologies LLC lifted its holdings in DouYu International by 3,409.1% in the fourth quarter. Headlands Technologies LLC now owns 6,948 shares of the company’s stock worth $78,000 after purchasing an additional 6,750 shares during the period. Sei Investments Co. acquired a new stake in DouYu International in the fourth quarter worth about $195,000. Arrowstreet Capital Limited Partnership acquired a new stake in DouYu International in the fourth quarter worth about $206,000. Finally, State Street Corp lifted its holdings in DouYu International by 78.0% in the third quarter. State Street Corp now owns 29,528 shares of the company’s stock worth $320,000 after purchasing an additional 12,940 shares during the period. Institutional investors own 17.86% of the company’s stock.

DouYu International Trading Up 3.9 %

Shares of NASDAQ DOYU opened at $7.23 on Tuesday. DouYu International Holdings Limited has a twelve month low of $5.68 and a twelve month high of $20.17. The company has a market capitalization of $228.73 million, a price-to-earnings ratio of -8.22 and a beta of 0.90. The firm has a 50-day moving average of $7.35 and a two-hundred day moving average of $10.46.

DouYu International (NASDAQ:DOYU) last issued its quarterly earnings results on Friday, March 14th. The company reported ($0.31) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.18) by $1.87. The company had revenue of $155.65 million during the quarter, compared to the consensus estimate of $1.05 billion. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.92%.

Wall Street Analyst Weigh In

DOYU has been the subject of several research analyst reports. Hsbc Global Res raised shares of DouYu International from a “moderate sell” rating to a “hold” rating in a report on Monday, March 17th. Citigroup raised shares of DouYu International from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $5.90 to $10.50 in a report on Tuesday, March 18th. Finally, HSBC raised shares of DouYu International from a “reduce” rating to a “hold” rating in a report on Monday, March 17th.

About DouYu International

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.