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

Gaotu Techedu Inc ADR (NYSE: GOTU) is -28.45% 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 $2.62 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $2.59, the stock is -13.33% and -18.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -1.15% at the moment leaves the stock -49.00% off its SMA200. GOTU registered -4.78% loss for a year compared to 6-month loss of -68.98%. The firm has a 50-day simple moving average (SMA 50) of $3.1718 and a 200-day simple moving average (SMA200) of $5.07875.

The stock witnessed a -17.78% gain in the last 1 month and extending the period to 3 months gives it a -41.00%, and is -13.67% 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 5.14% over the week and 5.18% over the month.

Gaotu Techedu Inc ADR (GOTU) has around 7767 employees, a market worth around $384.61M and $485.37M in sales. Profit margin for the company is -17.62%. Distance from 52-week low is 12.61% and -69.29% 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 -12587.19% this year.

Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders

The shares outstanding are 148.50M, and float is at 148.41M with Short Float at 5.84%.

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.