The 36-month beta value for GOTU is at 0.06. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GOTU is 147.84M, and currently, shorts hold a 5.72% of that float. The average trading volume for GOTU on August 06, 2024 was 1.94M shares.
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GOTU) stock’s latest price update
Gaotu Techedu Inc ADR (NYSE: GOTU)’s stock price has plunge by 9.00relation to previous closing price of 4.00. Nevertheless, the company has seen a -12.27% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-05 that BEIJING, Aug. 5, 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 second quarter ended June 30, 2024, before U.S. markets open on Tuesday, August 27, 2024. Gaotu’s management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM on the same day, Beijing/Hong Kong Time).
GOTU’s Market Performance
Gaotu Techedu Inc ADR (GOTU) has seen a -12.27% fall in stock performance for the week, with a -15.99% decline in the past month and a -37.54% plunge in the past quarter. The volatility ratio for the week is 10.99%, and the volatility levels for the past 30 days are at 6.46% for GOTU. The simple moving average for the past 20 days is -11.79% for GOTU’s stock, with a -11.64% 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 -16.12% 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 -48.31% of loss for the given period.
Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 10.99%, as shares sank -18.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.44% lower at present.
During the last 5 trading sessions, GOTU fell by -12.27%, which changed the moving average for the period of 200-days by +66.41% in comparison to the 20-day moving average, which settled at $4.89. In addition, Gaotu Techedu Inc ADR saw 20.44% 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:
- -0.1 for the present operating margin
- 0.72 for the gross margin
The net margin for Gaotu Techedu Inc ADR stands at -0.04. The total capital return value is set at -0.09. Equity return is now at value -4.04, with -2.54 for asset returns.
Currently, EBITDA for the company is -125.99 million with net debt to EBITDA at 2.68. When we switch over and look at the enterprise to sales, we see a ratio of 2.02. The receivables turnover for the company is 94.38for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.
Conclusion
In conclusion, Gaotu Techedu Inc ADR (GOTU) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
