News

Published on 3 Apr 2024 on Zacks via Yahoo Finance

Are You Looking for a Top Momentum Pick? Why HUYA Inc. Sponsored ADR (HUYA) is a Great Choice


Article preview image

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at HUYA Inc. Sponsored ADR (HUYA), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

NYSE.HUYA price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
A Look At The Fair Value Of HUYA Inc. (NYSE:HUYA)

Key Insights The projected fair value for HUYA is US$4.08 based on 2 Stage Free Cash Flow to Equi...

Simply Wall St. via Yahoo Finance 29 Apr 2024

HUYA Inc. Sponsored ADR (HUYA) Rises Yet Lags Behind Market: Some Facts Worth Knowing

HUYA Inc. Sponsored ADR (HUYA) closed the latest trading day at $4.43, indicating a +0.45% change...

Zacks via Yahoo Finance 23 Apr 2024

HUYA Inc. Sponsored ADR (HUYA) Flat As Market Gains: What You Should Know

HUYA Inc. Sponsored ADR (HUYA) ended the recent trading session at $4.41, demonstrating no swing ...

Zacks via Yahoo Finance 22 Apr 2024

HUYA Inc. Sponsored ADR (HUYA) Flat As Market Gains: What You Should Know

HUYA Inc. Sponsored ADR (HUYA) closed the most recent trading day at $4.47, making no change from...

Zacks via Yahoo Finance 16 Apr 2024

Are You Looking for a Top Momentum Pick? Why HUYA Inc. Sponsored ADR (HUYA) is a Great Choice

Momentum investing is all about the idea of following a stock's recent trend, which can be in eit...

Zacks via Yahoo Finance 3 Apr 2024

Will HUYA (HUYA) Gain on Rising Earnings Estimates?

HUYA Inc. Sponsored ADR (HUYA) could be a solid addition to your portfolio given a notable revisi...

Zacks via Yahoo Finance 3 Apr 2024

HUYA Inc. (NYSE:HUYA) Q4 2023 Earnings Call Transcript

HUYA Inc. (NYSE:HUYA) Q4 2023 Earnings Call Transcript March 19, 2024 HUYA Inc. misses on earning...

Insider Monkey via Yahoo Finance 20 Mar 2024

Institutions own 20% of HUYA Inc. (NYSE:HUYA) shares but public companies control 63% of the company

Key Insights HUYA's significant public companies ownership suggests that the key decisions are in...

Simply Wall St. via Yahoo Finance 1 Mar 2024

China approves 105 online games after draft curbs trigger massive losses

BANGKOK (AP) — China’s press and publications authority has approved 105 new online games, saying...

Associated Press Finance via Yahoo Finance 25 Dec 2023

Some Confidence Is Lacking In HUYA Inc.'s (NYSE:HUYA) P/S

With a median price-to-sales (or "P/S") ratio of close to 1.2x in the Entertainment industry in t...

Simply Wall St. via Yahoo Finance 18 Dec 2023