<div id="readability-page-1"><p>StockNews.com assumed coverage on shares of <span>JOYY (NASDAQ:YY - Get Free Report)</span> in a research note issued on Friday. The brokerage set a &#34;hold&#34; rating on the information services provider's stock.</p><p>Separately, Benchmark upgraded JOYY from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday, February 25th.</p><p><b>Get Our Latest Research Report on JOYY</b></p><h2>JOYY Trading Up 0.4 %</h2><p>Shares of NASDAQ YY opened at $40.68 on Friday. The firm has a market capitalization of $2.19 billion, a PE ratio of 12.29 and a beta of 0.21. JOYY has a one year low of $27.88 and a one year high of $55.31. The business has a 50-day moving average price of $44.10 and a two-hundred day moving average price of $40.82. </p><h2>Institutional Trading of JOYY</h2><p>Several institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in shares of  JOYY by 1.2% during the third quarter. Geode Capital Management LLC now owns 72,152 shares of the information services provider's stock valued at $2,615,000 after acquiring an additional 877 shares during the period.  Barclays PLC lifted its holdings in  JOYY by 1.3% during the 3rd quarter. Barclays PLC now owns 20,543 shares of the information services provider's stock valued at $744,000 after purchasing an additional 270 shares during the last quarter.  Aprio Wealth Management LLC acquired a new position in  JOYY in the fourth quarter valued at about $202,000.  Ritholtz Wealth Management grew its stake in  JOYY by 69.1% during the fourth quarter. Ritholtz Wealth Management now owns 37,026 shares of the information services provider's stock worth $1,550,000 after buying an additional 15,127 shares during the last quarter.  Finally, Retireful LLC acquired a new stake in shares of  JOYY during the fourth quarter worth approximately $241,000. Institutional investors and hedge funds own  36.83% of the company's stock. </p><h2>About JOYY</h2> (Get Free Report)<p>JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.</p><h2>Read More</h2><ul><li>Five stocks we like better than JOYY</li><li>How to Invest in the FAANG Stocks</li><li>2 Strong Utilities Plays With Booming Earnings and Room to Grow</li><li>What Are Dividend Achievers? An Introduction</li><li>Why Smart Investors Don’t Panic in Election Season</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Now Is the Time to Buy ServiceNow—The Rebound Is Real</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in JOYY Right Now?</h2><p>Before you consider JOYY, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JOYY wasn't on the list.</p><p>While JOYY currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

JOYY

<p>StockNews.com has initiated coverage on JOYY (NASDAQ:YY), issuing a "hold" rating. Benchmark recently upgraded JOYY from "hold" to "buy." JOYY's stock opened at $40.68, with a market cap of $2.19 billion and a PE ratio of 12.29. Institutional investors own 36.83% of JOYY, which operates social media platforms like Bigo Live and Likee. Despite a moderate buy rating, analysts suggest other stocks may be better investments.</p>

- StockNews.com initiated coverage on JOYY (NASDAQ:YY) with a "hold" rating, while Benchmark upgraded it to "buy."  
- JOYY operates social media platforms, including Bigo Live and Likee, and has a market capitalization of $2.19 billion, with shares trading at $40.68.  
- Institutional investors own 36.83% of JOYY, reflecting recent trading activity and changes in holdings among various firms.

StockNews.com Initiates Coverage on JOYY (NASDAQ:YY)