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home / news releases / YY - JOYY Inc: Time To Buy This Beaten Down Social Media Company

YY - JOYY Inc: Time To Buy This Beaten Down Social Media Company

JOYY Inc.
  • Shares are a buy for a short and longer-term trade in the low $70s and high $60s.
  • Large net cash position.
  • Revenues growing solidly, and despite a hiccup in earnings, profitability is likely to return next fiscal year.
  • Solid valuation metrics for a tech company.
  • Fundamentally, shares appear attractive, and the chart at one-year low support, indicates a favorable risk-reward ratio.

For further details see:

JOYY Inc: Time To Buy This Beaten Down Social Media Company
Stock Information
Company Name: JOYY Inc.
Stock Symbol: YY
Market: NASDAQ
Website: ir.joyy.sg
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