Youdao Inc. (NYSE:DAO) went down by -33.41% from its latest closing price compared to the recent 1-year high of $47.70. The company’s stock price has collected -60.95% of loss in the last five trading sessions. Press Release reported 18 hours ago that Youdao Provides Update on PRC Regulatory Policy
Is It Worth Investing in Youdao Inc. (NYSE :DAO) Right Now?
Opinions of the stock are interesting as 6 analysts out of 10 who provided ratings for Youdao Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $183.97. DAO currently public float of 34.40M and currently shorts hold a 2.95% ratio of that float. Today, the average trading volume of DAO was 399.08K shares.
DAO’s Market Performance
DAO stocks went down by -60.95% for the week, with a monthly drop of -65.52% and a quarterly performance of -68.84%, while its annual performance rate touched -76.76%. The volatility ratio for the week stands at 12.32% while the volatility levels for the past 30 days are set at 7.45% for Youdao Inc.. The simple moving average for the period of the last 20 days is -60.91% for DAO stocks with a simple moving average of -69.10% for the last 200 days.
Analysts’ Opinion of DAO
Many brokerage firms have already submitted their reports for DAO stocks, with Jefferies repeating the rating for DAO by listing it as a “Hold.” The predicted price for DAO in the upcoming period, according to Jefferies is $13 based on the research report published on July 26th of the current year 2021.
HSBC Securities, on the other hand, stated in their research note that they expect to see DAO reach a price target of $25, previously predicting the price at $35. The rating they have provided for DAO stocks is “Hold” according to the report published on June 29th, 2021.
Morgan Stanley gave a rating of “Overweight” to DAO, setting the target price at $30 in the report published on May 20th of the current year.
DAO Trading at -63.00% from the 50-Day Moving Average
After a stumble in the market that brought DAO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.29% of loss for the given period.
Volatility was left at 7.45%, however, over the last 30 days, the volatility rate increased by 12.32%, as shares sank -66.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.06% lower at present.
During the last 5 trading sessions, DAO fell by -60.95%, which changed the moving average for the period of 200-days by -70.84% in comparison to the 20-day moving average, which settled at $20.80. In addition, Youdao Inc. saw -68.15% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DAO
Current profitability levels for the company are sitting at:
- -57.01 for the present operating margin
- +45.91 for the gross margin
The net margin for Youdao Inc. stands at -55.34. Equity return is now at value 288.60, with -80.70 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 0.84, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 11.53 and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.