Gaotu Techedu Inc ADR (NYSE: GOTU) is -25.25% lower on its value in year-to-date trading and has touched a low of $1.87 and a high of $5.80 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 $3.76 in the last trading session, with the day’s loss setting it -2.27%.
Currently trading at $1.49M, the stock is -3.61% and 7.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 1718697% at the moment leaves the stock 23.78% off its SMA200. GOTU registered 70.32% gain for a year compared to 6-month gain of 52.87%. The firm has a 50-day simple moving average (SMA 50) of $3.4846 and a 200-day simple moving average (SMA200) of $3.0135.
The stock witnessed a -1.84% loss in the last 1 month and extending the period to 3 months gives it a 10.68%, and is -3.87% 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 2.33% over the week and 2.48% over the month.
Gaotu Techedu Inc ADR (GOTU) has around 14381 employees, a market worth around $496.09M and $706.33M in sales. Fwd P/E is 367.13. Profit margin for the company is -17.97%. Distance from 52-week low is 99.47% and -35.69% 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 75.84% this year.
Gaotu Techedu Inc ADR (GOTU) Top Institutional Holders
72.0 institutions hold shares in Gaotu Techedu Inc ADR (GOTU), with institutional investors hold 23.58% of the company’s shares. The shares outstanding are 133.00M, and float is at 132.92M with Short Float at 3.51%. Institutions hold 22.28% of the Float.
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 2.853 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.
