YY (YY.us) experienced a significant drop in stock price, declining by 5.04%. Currently, the stock is trading at $35.80 per share with a trading volume of 389,097 shares, a turnover rate of 0.68%, and a price fluctuation of 6.34%.
Recent financial reports show YY generated a revenue of $565 million, with a net profit of $52.07 million. The earnings per share (EPS) stood at $0.87, and the gross profit was $199 million, resulting in a price-to-earnings (P/E) ratio of 8.99.
Analyst ratings reveal that out of 12 firms covering the stock, 58% recommend a buy, while 42% suggest holding, with no sell recommendations.
In the internet information services sector, where YY operates, the overall growth is 0.50%. Among the notable performers are KraneShares, Cheche Technology, and Taboola Com Ltd C/Wts (To Pur Com). Active stocks in the sector include Upexi, Inc., Trump Media & Technology Group, and KraneShares, with turnover rates of 5.53%, 5.37%, and 3.30%, respectively. Stocks with high volatility include Leafly Holdings Inc C/Wts 04/02/2027 (To Pur Com), KraneShares, and Rde, Inc., with fluctuations of 35.33%, 29.09%, and 25.65%, respectively.
YY is a global technology company offering integrated innovative capabilities, enabling users to interact in real-time. The company is expanding its global business in software as a service and solutions, known for its technological innovations and numerous patent applications and authorizations.
