Advisors Preferred LLC Takes Position in DouYu International Holdings Limited (NASDAQ:DOYU)

Advisors Preferred LLC purchased a new stake in shares of DouYu International Holdings Limited (NASDAQ:DOYU) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 4,534 shares of the company’s stock, valued at approximately $51,000.

A number of other large investors have also recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of DouYu International during the 3rd quarter valued at about $42,000. BNP Paribas Financial Markets raised its holdings in shares of DouYu International by 61.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,616 shares of the company’s stock valued at $137,000 after buying an additional 4,800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of DouYu International by 88.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,402 shares of the company’s stock valued at $145,000 after buying an additional 6,302 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of DouYu International during the 3rd quarter valued at about $147,000. Finally, Athos Capital Ltd raised its holdings in shares of DouYu International by 9.3% during the 3rd quarter. Athos Capital Ltd now owns 19,925 shares of the company’s stock valued at $216,000 after buying an additional 1,700 shares in the last quarter. Institutional investors own 17.86% of the company’s stock.

DouYu International Trading Down 2.8 %

Shares of NASDAQ DOYU opened at $16.10 on Friday. The stock has a market cap of $509.40 million, a price-to-earnings ratio of -18.30 and a beta of 0.98. DouYu International Holdings Limited has a 1-year low of $6.29 and a 1-year high of $20.17. The stock’s 50-day moving average is $12.96 and its 200 day moving average is $12.51.

DouYu International Increases Dividend

The business also recently declared a — dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 10th will be paid a $9.94 dividend. This is a boost from DouYu International’s previous — dividend of $9.71. The ex-dividend date is Friday, February 21st.

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.