DouYu International Holdings Limited (NASDAQ:DOYU) to Issue Dividend Increase – $9.94 Per Share

DouYu International Holdings Limited (NASDAQ:DOYU) declared a — dividend on Tuesday, January 21st,Wall Street Journal reports. Investors of record on Monday, February 10th will be paid a dividend of 9.94 per share on Thursday, February 20th. The ex-dividend date is Monday, February 10th. This is an increase from DouYu International’s previous — dividend of $9.71.

DouYu International Price Performance

NASDAQ DOYU traded down $0.22 during trading hours on Tuesday, reaching $15.70. The company’s stock had a trading volume of 227,587 shares, compared to its average volume of 278,334. The firm has a fifty day simple moving average of $11.37 and a 200-day simple moving average of $12.56. The stock has a market cap of $496.75 million, a P/E ratio of -17.84 and a beta of 0.95. DouYu International has a 52 week low of $6.29 and a 52 week high of $20.17.

Analyst Ratings Changes

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

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.