Moreover, the 36-month beta value for GOTU is 0.07. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GOTU is 147.84M and currently, short sellers hold a 5.83% of that float. On May 06, 2024, GOTU’s average trading volume was 5.27M shares.
GOTU) stock’s latest price update
Gaotu Techedu Inc ADR (NYSE: GOTU)’s stock price has gone rise by 3.87 in comparison to its previous close of 6.98, however, the company has experienced a 7.41% increase in its stock price over the last five trading days. PRNewsWire reported 2024-04-30 that BEIJING, April 30, 2024 /PRNewswire/ — Gaotu Techedu Inc. (“Gaotu” or the “Company”) (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2024, before U.S. markets open on Tuesday, May 21, 2024. Gaotu’s management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 21, 2024 (8:00 PM on the same day, Beijing/Hong Kong Time).
GOTU’s Market Performance
Gaotu Techedu Inc ADR (GOTU) has experienced a 7.41% rise in stock performance for the past week, with a 11.54% rise in the past month, and a 84.48% rise in the past quarter. The volatility ratio for the week is 4.93%, and the volatility levels for the past 30 days are at 5.93% for GOTU. The simple moving average for the past 20 days is 11.33% for GOTU’s stock, with a 76.12% simple moving average for the past 200 days.
Analysts’ Opinion of GOTU
Citigroup, on the other hand, stated in their research note that they expect to see GOTU reach a price target of $4.50. The rating they have provided for GOTU stocks is “Buy” according to the report published on January 03rd, 2024.
GOTU Trading at 5.07% from the 50-Day Moving Average
After a stumble in the market that brought GOTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.90% of loss for the given period.
Volatility was left at 5.93%, however, over the last 30 days, the volatility rate increased by 4.93%, as shares surge +11.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.27% upper at present.
During the last 5 trading sessions, GOTU rose by +6.96%, which changed the moving average for the period of 200-days by +124.22% in comparison to the 20-day moving average, which settled at $6.55. In addition, Gaotu Techedu Inc ADR saw 100.28% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GOTU
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.73 for the gross margin
The net margin for Gaotu Techedu Inc ADR stands at -0.0. The total capital return value is set at -0.04. Equity return is now at value 0.03, with 0.02 for asset returns.
Based on Gaotu Techedu Inc ADR (GOTU), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -6.87. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 4.13.
Currently, EBITDA for the company is -125.99 million with net debt to EBITDA at 2.49. When we switch over and look at the enterprise to sales, we see a ratio of 4.42. The receivables turnover for the company is 2960813000.0for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.82.
Conclusion
To wrap up, the performance of Gaotu Techedu Inc ADR (GOTU) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
