Gaotu Techedu Inc ADR (NYSE: GOTU) is -2.49% 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 $3.73 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $3.53, the stock is 1.66% and -2.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -5.36% at the moment leaves the stock -31.20% off its SMA200. GOTU registered 36.82% gain for a year compared to 6-month loss of -44.23%. The firm has a 50-day simple moving average (SMA 50) of $3.6054 and a 200-day simple moving average (SMA200) of $5.1311.
The stock witnessed a 31.23% gain in the last 1 month and extending the period to 3 months gives it a -29.12%, and is -19.22% 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 7.22% over the week and 7.92% over the month.
Gaotu Techedu Inc ADR (GOTU) has around 7767 employees, a market worth around $524.20M and $485.37M in sales. Profit margin for the company is -17.62%. Distance from 52-week low is 59.01% and -58.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.85%).
with sales reaching $171.61M over the same period.The EPS is expected to shrink by -11388.62% this year, but quarterly earnings will post 52.80% year-over-year. Quarterly sales are estimated to grow 55.00% in year-over-year returns.
Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders
The shares outstanding are 148.50M, and float is at 148.41M with Short Float at 6.51%.
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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