Youdao Inc ADR (NYSE: DAO) is 51.02% higher on its value in year-to-date trading and has touched a low of $2.86 and a high of $4.75 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 DAO stock was last observed hovering at around $4.32 in the last trading session, with the day’s gains setting it 1.63%.
Currently trading at $5.95, the stock is 78.87% and 76.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 37.73% at the moment leaves the stock 60.86% off its SMA200. DAO registered 45.83% gain for a year compared to 6-month loss of 45.48%. The firm has a 50-day simple moving average (SMA 50) of $3.4143 and a 200-day simple moving average (SMA200) of $3.708575.
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The stock witnessed a 90.10% gain in the last 1 month and extending the period to 3 months gives it a 55.35%, and is 84.21% 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 13.88% over the week and 7.23% over the month.
Youdao Inc ADR (DAO) has around 4364 employees, a market worth around $185.82M and $793.28M in sales. Fwd P/E is 41.85. Profit margin for the company is -2.32%. Distance from 52-week low is 108.04% and 25.26% from its 52-week high.
The EPS is expected to grow by 90.63% this year
The shares outstanding are 30.80M, and float is at 28.33M with Short Float at 0.94%.
The top institutional shareholder in the company is ORBIS ALLAN GRAY LTD with over 9.57 million shares valued at $37.5 million. The investor’s holdings represent 8.0844 of the DAO Shares outstanding. As of 2024-06-30, the second largest holder is NETEASE, INC. with 2.9 million shares valued at $11.36 million to account for 2.4496 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.25 million shares representing 1.0573 and valued at over $4.9 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.2015 of the shares totaling 0.24 million with a market value of $0.93 million.
