Gaotu Techedu Inc. (GOTU) kicked off at the price of $2.88: Venture capitalists have an exciting new opportunity

Gaotu Techedu Inc. (NYSE: GOTU) on May 23, 2023, started off the session at the price of $2.94, plunging -2.04% from the previous trading day. During the day, the shares moved up to $2.97 and dropped to $2.83 before settling in for the closing price of $2.94. Within the past 52 weeks, GOTU’s price has moved between $0.64 and $5.49.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 91.30%. The company achieved an average annual earnings per share of 100.40%. With a float of $251.17 million, this company’s outstanding shares have now reached $259.14 million.

Let’s determine the extent of company efficiency that accounts for 4002 employees. In terms of profitability, gross margin is +71.94, operating margin of -4.73, and the pretax margin is -0.10.

Gaotu Techedu Inc. (GOTU) Breakdown of a Key Holders of the stock

Observing investor behavior towards Education & Training Services industry stocks is more important than anything else. The insider ownership of Gaotu Techedu Inc. is 4.15%, while institutional ownership is 21.70%.

Gaotu Techedu Inc. (GOTU) Recent Fiscal highlights

As on 12/30/2021, Multinational firm has announced its last quarter scores, in which it reported $0.18 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.24) by -$0.06. This company achieved a net margin of +0.53 while generating a return on equity of 0.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 100.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.03% during the next five years compared to 15.90% growth over the previous five years of trading.

Gaotu Techedu Inc. (NYSE: GOTU) Trading Performance Indicators

Gaotu Techedu Inc. (GOTU) is currently performing well based on its current performance indicators. A quick ratio of 2.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.15. Likewise, its price to free cash flow for the trailing twelve months is 98.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.00 and is forecasted to reach 0.18 in one year’s time.

Technical Analysis of Gaotu Techedu Inc. (GOTU)

Looking closely at Gaotu Techedu Inc. (NYSE: GOTU), its last 5-days average volume was 1.41 million, which is a drop from its year-to-date volume of 4.13 million. As of the previous 9 days, the stock’s Stochastic %D was 27.80%. Additionally, its Average True Range was 0.21.

During the past 100 days, Gaotu Techedu Inc.’s (GOTU) raw stochastic average was set at 20.43%, which indicates a significant decrease from 26.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.37% in the past 14 days, which was lower than the 107.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.54, while its 200-day Moving Average is $2.54. However, in the short run, Gaotu Techedu Inc.’s stock first resistance to watch stands at $2.96. Second resistance stands at $3.03. The third major resistance level sits at $3.10. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $2.75. Now, if the price goes above the second support level, the third support stands at $2.68.

Gaotu Techedu Inc. (NYSE: GOTU) Key Stats

Market capitalization of the company is 765.10 million based on 257,032K outstanding shares. Right now, sales total 362,210 K and income totals 1,910 K. The company made 82,400 K in profit during its latest quarter, and 9,500 K in sales during its previous quarter.