Why should you keep an eye on Gaotu Techedu Inc ADR (GOTU)?

Gaotu Techedu Inc ADR (NYSE: GOTU) is 29.01% higher on its value in year-to-date trading and has touched a low of $2.22 and a high of $5.49 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 GOTU stock was last observed hovering at around $4.56 in the last trading session, with the day’s gains setting it 0.11%.

Currently trading at $4.67, the stock is 29.65% and 35.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.87 million and changing 2.41% at the moment leaves the stock 52.66% off its SMA200. GOTU registered 41.52% gain for a year compared to 6-month gain of 38.17%. The firm has a 50-day simple moving average (SMA 50) of $0.31 and a 200-day simple moving average (SMA200) of $34.41.

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The stock witnessed a 31.92% loss in the last 1 month and extending the period to 3 months gives it a 92.18%, and is 15.88% up 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 11.98% over the week and 8.80% over the month.

Current P/E ratio is 47.03 and Fwd P/E is 97.99. Profit margin for the company is 6.64%. Distance from 52-week low is 110.36% and -14.94% from its 52-week high. The company has generated returns on investments over the last 12 months (5.75%).

Gaotu Techedu Inc ADR quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $101.4M over the same period.The EPS is expected to shrink by -275.00% this year, but quarterly earnings will post 13.20% year-over-year. Quarterly sales are estimated to grow 11.30% in year-over-year returns.

Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders

78 institutions hold shares in Gaotu Techedu Inc ADR (GOTU), with institutional investors hold 29.98% of the company’s shares. The shares outstanding are 152.10M, and float is at 152.01M with Short Float at 6.24%. Institutions hold 28.57% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 5.49 million shares valued at $15.85 million. The investor’s holdings represent 2.09% of the GOTU Shares outstanding. As of Jun 29, 2023, the second largest holder is Strategic Vision Investment Ltd with 4.23 million shares valued at $12.21 million to account for 1.61% of the shares outstanding. The other top investors are Acadian Asset Management. LLC which holds 3.82 million shares representing 1.46% and valued at over $11.04 million, while Shaw D.E. & Co., Inc. holds 1.46% of the shares totaling 3.83 million with a market value of $11.06 million.