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

DouYu International Holdings Limited (NASDAQ:DOYU) declared a — dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Monday, February 10th will be given 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 Stock Performance

Shares of DOYU opened at $15.70 on Wednesday. DouYu International has a 1 year low of $6.29 and a 1 year high of $20.17. The stock has a market capitalization of $496.75 million, a PE ratio of -17.84 and a beta of 0.95. The company’s 50-day simple moving average is $11.37 and its 200-day simple moving average is $12.56.

Analyst Ratings Changes

Several research analysts recently commented on the company. Hsbc Global Res cut DouYu International from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, September 24th. HSBC lowered DouYu International from a “hold” rating to a “reduce” rating in a report on Tuesday, September 24th.

DouYu International Company 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.