Gaotu Techedu Inc ADR (NYSE: GOTU) is -11.05% lower on its value in year-to-date trading and has touched a low of $2.30 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 $3.07 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $3.22, the stock is 1.50% and 0.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 4.89% at the moment leaves the stock -36.84% off its SMA200. GOTU registered 30.36% gain for a year compared to 6-month loss of -55.89%. The firm has a 50-day simple moving average (SMA 50) of $3.2014 and a 200-day simple moving average (SMA200) of $5.09895.
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The stock witnessed a -11.54% gain in the last 1 month and extending the period to 3 months gives it a -26.98%, and is 4.55% 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 4.61% over the week and 5.64% over the month.
Gaotu Techedu Inc ADR (GOTU) has around 7767 employees, a market worth around $478.17M and $485.37M in sales. Profit margin for the company is -17.62%. Distance from 52-week low is 40.00% and -61.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.85%).
with sales reaching $168.94M over the same period.The EPS is expected to shrink by -11370.09% this year, but quarterly earnings will post 50.50% year-over-year. Quarterly sales are estimated to grow 52.60% in year-over-year returns.
The shares outstanding are 148.50M, and float is at 148.41M with Short Float at 6.45%.
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.