JOYY Inc. Announces the Results of the Repurchase Right Offer for its 1.375 percent Convertible Senior Notes due 2026
YY Stock | USD 35.00 3.70 9.56% |
Slightly above 62% of YY's investor base is looking to short. The analysis of overall sentiment of trading YY Inc Class stock suggests that many investors are alarmed at this time. YY's investing sentiment can be driven by a variety of factors including economic data, YY's earnings reports, geopolitical events, and overall market trends.
YY |
SINGAPORE, June 14, 2024 -- JOYY Inc. , a global technology company, today announced the results of its previously announced repurchase right offer relating to its 1.375 percent Convertible Senior Notes due 2026 . The repurchase right offer expired at 500 p.m., New York City time, on Thursday, June 13, 2024. Based on information from Citibank, N.A. as the paying agent for the 2026 Notes, US405,445,000 aggr
Read at finance.yahoo.com
YY Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards YY can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
YY Fundamental Analysis
We analyze YY's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of YY using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of YY based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
YY is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
YY Inc Class Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with YY stock to make a market-neutral strategy. Peer analysis of YY could also be used in its relative valuation, which is a method of valuing YY by comparing valuation metrics with similar companies.
Peers
YY Related Equities
ZH | Zhihu | 6.67 | ||||
WB | Weibo Corp | 4.19 | ||||
TME | Tencent Music | 3.97 | ||||
BAIDF | Baidu | 2.35 | ||||
AREN | Arena Group | 2.01 | ||||
BIDU | Baidu | 1.57 | ||||
PROSY | Prosus NV | 0.75 | ||||
ATHM | Autohome | 0.18 | ||||
DOYU | DouYu International | 1.90 | ||||
TCEHY | Tencent Holdings | 2.10 | ||||
YELP | Yelp | 2.15 | ||||
MOMO | Hello | 4.82 |
Additional Tools for YY Stock Analysis
When running YY's price analysis, check to measure YY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.