Is Gaotu Techedu Inc ADR (GOTU) a good stock to buy now?

Gaotu Techedu Inc ADR (NYSE: GOTU) is 76.71% higher on its value in year-to-date trading and has touched a low of $1.87 and a high of $8.44 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 GOTU stock was last observed hovering at around $3.81 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $3.87, the stock is 16.11% and 20.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.82 million and changing 1.57% at the moment leaves the stock 27.42% off its SMA200. GOTU registered -50.19% loss for a year compared to 6-month gain of 46.04%.

The stock witnessed a 43.87% loss in the last 1 month and extending the period to 3 months gives it a 41.24%, and is 7.50% 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 8.34% over the week and 5.73% over the month.

Gaotu Techedu Inc ADR (GOTU) has around 14381 employees, a market worth around $514.71M and $706.33M in sales. Fwd P/E is 180.76. Profit margin for the company is -17.97%. Distance from 52-week low is 106.95% and -54.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.67%).

The EPS is expected to grow by 74.92% this year.

Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders

The shares outstanding are 133.00M, and float is at 132.92M with Short Float at 4.93%.

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.