DouYu International Holdings Limited (NASDAQ:DOYU) Shares Acquired by Athos Capital Ltd

Athos Capital Ltd lifted its holdings in shares of DouYu International Holdings Limited (NASDAQ:DOYU) by 9.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,925 shares of the company’s stock after acquiring an additional 1,700 shares during the period. DouYu International accounts for about 0.1% of Athos Capital Ltd’s holdings, making the stock its 26th biggest position. Athos Capital Ltd owned approximately 0.06% of DouYu International worth $216,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC increased its stake in DouYu International by 57.7% in the third quarter. FMR LLC now owns 1,859,521 shares of the company’s stock valued at $20,139,000 after purchasing an additional 680,659 shares during the period. Point72 Hong Kong Ltd acquired a new position in DouYu International in the 3rd quarter valued at about $5,968,000. Polunin Capital Partners Ltd purchased a new stake in DouYu International during the 2nd quarter valued at approximately $3,526,000. BRIGHT VALLEY CAPITAL Ltd lifted its position in DouYu International by 42.0% during the 2nd quarter. BRIGHT VALLEY CAPITAL Ltd now owns 371,184 shares of the company’s stock worth $4,079,000 after acquiring an additional 109,768 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of DouYu International by 46.0% in the second quarter. Dimensional Fund Advisors LP now owns 160,276 shares of the company’s stock valued at $1,761,000 after purchasing an additional 50,531 shares during the period. Hedge funds and other institutional investors own 17.86% of the company’s stock.

Analyst Ratings Changes

DOYU has been the topic of several recent research reports. HSBC cut shares of DouYu International from a “hold” rating to a “reduce” rating in a research note on Tuesday, September 24th. Hsbc Global Res lowered DouYu International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, September 24th.

DouYu International Trading Up 14.4 %

Shares of DOYU opened at $11.44 on Monday. The firm’s 50-day moving average is $10.10 and its two-hundred day moving average is $12.30. DouYu International Holdings Limited has a twelve month low of $6.29 and a twelve month high of $20.17. The firm has a market capitalization of $361.92 million, a P/E ratio of -13.00 and a beta of 0.95.

DouYu International (NASDAQ:DOYU) last released its quarterly earnings results on Thursday, September 12th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $142.01 million for the quarter. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.

DouYu International Profile

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.