The stock of Gaotu Techedu Inc ADR (GOTU) has seen a 6.73% increase in the past week, with a -9.31% drop in the past month, and a -12.74% decrease in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are at 4.33% for GOTU. The simple moving average for the last 20 days is -0.62% for GOTU’s stock, with a simple moving average of -44.52% for the last 200 days.
Is It Worth Investing in Gaotu Techedu Inc ADR (NYSE: GOTU) Right Now?
The 36-month beta value for GOTU is at -0.04. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
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The public float for GOTU is 148.41M, and currently, shorts hold a 5.81% of that float. The average trading volume for GOTU on November 27, 2024 was 2.78M shares.
GOTU) stock’s latest price update
Gaotu Techedu Inc ADR (NYSE: GOTU)’s stock price has soared by 11.00 in relation to previous closing price of 2.50. Nevertheless, the company has seen a gain of 6.73% in its stock price over the last five trading days. prnewswire.com reported 2024-11-19 that BEIJING, Nov. 19, 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 third quarter ended September 30, 2024, before U.S. markets open on Wednesday, December 4, 2024. Gaotu’s management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, December 4, 2024 (9:00 PM on the same day, Beijing/Hong Kong Time).
Analysts’ Opinion of GOTU
Citigroup gave a rating of “Buy” to GOTU, setting the target price at $4.50 in the report published on January 03rd of the current year.
GOTU Trading at -11.92% 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 -67.10% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares sank -14.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.71% upper at present.
During the last 5 trading sessions, GOTU rose by +2.88%, which changed the moving average for the period of 200-days by -46.07% in comparison to the 20-day moving average, which settled at $2.79. In addition, Gaotu Techedu Inc ADR saw -23.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GOTU
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.71 for the gross margin
The net margin for Gaotu Techedu Inc ADR stands at -0.18. The total capital return value is set at -0.26. Equity return is now at value -20.60, with -11.42 for asset returns.
Currently, EBITDA for the company is -94.76 million with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
In conclusion, Gaotu Techedu Inc ADR (GOTU) has had a mixed performance lately. Opinion on the stock among analysts is bullish, 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.
