17 Education & Technology Group Inc. (NASDAQ: YQ) is 18.19% higher on its value in year-to-date trading and has touched a low of $10.00 and a high of $23.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The YQ stock was last observed hovering at around $15.76 in the last trading session, with the day’s loss setting it -0.62% off its average median price target of $135.58 for the next 12 months. It is also 91.2% off the consensus price target high of $172.05 offered by 4 analysts, but current levels are 88.43% higher than the price target low of $130.80 for the same period.
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Currently trading at $15.14, the stock is -3.19% and 1.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing -3.93% at the moment leaves the stock 2.85% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $14.92 and a 200-day simple moving average (SMA200) of $14.72.
The stock witnessed a -10.41% In the last 1 month and is -8.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.96% over the week and 10.29% over the month.
17 Education & Technology Group Inc. (YQ) has around 2613 employees, a market worth around $2.80B and $154.10M in sales. Distance from 52-week low is 51.40% and -36.73% from its 52-week high. The company has generated returns on investments over the last 12 months (22.60%).
17 Education & Technology Group Inc. (YQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for 17 Education & Technology Group Inc. (YQ) is a “Buy”. 4 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
17 Education & Technology Group Inc. is expected to release its quarterly report on 06/02/2021.The EPS is expected to shrink by -73.70% this year.
17 Education & Technology Group Inc. (YQ) Top Institutional Holders
Many institutions hold shares in 17 Education & Technology Group Inc. (YQ), with 678.81k shares held by insiders accounting for 2.31% while institutional investors hold 4.70% of the company’s shares. The shares outstanding are 184.75M, and float is at 50.12M with Short Float at 0.49%.
The top institutional shareholder in the company is Galileo (PTC) Ltd with over 6.02 million shares valued at $77.16 million. The investor’s holdings represent 3.57% of the YQ Shares outstanding. As of Dec 30, 2020, the second largest holder is Hillhouse Capital Advisors Ltd. with 4.64 million shares valued at $59.48 million to account for 2.75% of the shares outstanding. The other top investors are Marshall Wace Asia Ltd which holds 1.34 million shares representing 0.80% and valued at over $17.17 million, while Maplelane Capital, LLC holds 0.51% of the shares totaling 0.86 million with a market value of $11.07 million.