Gaotu Techedu Inc ADR (NYSE: GOTU) is -8.56% lower on its value in year-to-date trading and has touched a low of $2.22 and a high of $8.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GOTU stock was last observed hovering at around $4.08 in the last trading session, with the day’s loss setting it -0.77%.
Currently trading at $3.31, the stock is -24.51% and -30.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.4 million and changing -18.87% at the moment leaves the stock -34.93% off its SMA200. GOTU registered 6.09% gain for a year compared to 6-month loss of -57.35%.
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The stock witnessed a -33.40% gain in the last 1 month and extending the period to 3 months gives it a -46.35%, and is -21.56% 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 8.04% over the week and 7.57% over the month.
Gaotu Techedu Inc ADR (GOTU) has around 7767 employees, a market worth around $489.65M and $485.37M in sales. Profit margin for the company is -17.62%. Distance from 52-week low is 49.10% and -60.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.85%).
The EPS is expected to shrink by -7921.38% this year.
Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders
The shares outstanding are 147.93M, and float is at 147.84M with Short Float at 6.38%.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 7.73 million shares valued at $37.85 million. The investor’s holdings represent 2.9885% of the GOTU Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 7.41 million shares valued at $36.29 million to account for 2.8648 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.52 million shares representing 2.1372% and valued at over $27.07 million, while TIGER PACIFIC CAPITAL LP holds 2.0821 of the shares totaling 5.38 million with a market value of $26.37 million.
Gaotu Techedu Inc ADR (GOTU) Insider Activity
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