Gaotu Techedu Inc ADR (GOTU) 20 Days SMA touches -23.42%: The odds favor the bear

On Friday, Gaotu Techedu Inc ADR (NYSE: GOTU) was unchanged from the session before settling in for the closing price of $3.18. A 52-week range for GOTU has been $2.22 – $8.44.

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 118.93%. When this article was written, the company’s average yearly earnings per share was at -10832.62%. With a float of $148.41 million, this company’s outstanding shares have now reached $148.50 million.

Let’s determine the extent of company efficiency that accounts for 7767 employees. In terms of profitability, gross margin is 70.61%, operating margin of -23.66%, and the pretax margin is -17.77%.

Gaotu Techedu Inc ADR (GOTU) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Gaotu Techedu Inc ADR stocks. The insider ownership of Gaotu Techedu Inc ADR is 0.06%, while institutional ownership is 38.08%.

Gaotu Techedu Inc ADR (GOTU) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -10832.62% 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 19.99% growth over the previous five years of trading.

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

You can see what Gaotu Techedu Inc ADR (GOTU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.32 in one year’s time.

Technical Analysis of Gaotu Techedu Inc ADR (GOTU)

Looking closely at Gaotu Techedu Inc ADR (NYSE: GOTU), its last 5-days average volume was 6.36 million, which is a jump from its year-to-date volume of 3.69 million. As of the previous 9 days, the stock’s Stochastic %D was 21.55%. Additionally, its Average True Range was 0.35.

During the past 100 days, Gaotu Techedu Inc ADR’s (GOTU) raw stochastic average was set at 9.32%, which indicates a significant decrease from 27.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 140.27% in the past 14 days, which was higher than the 86.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.64, while its 200-day Moving Average is $5.10. However, in the short run, Gaotu Techedu Inc ADR’s stock first resistance to watch stands at $3.32. Second resistance stands at $3.45. The third major resistance level sits at $3.58. If the price goes on to break the first support level at $3.05, it is likely to go to the next support level at $2.92. Should the price break the second support level, the third support level stands at $2.79.

Gaotu Techedu Inc ADR (NYSE: GOTU) Key Stats

There are 258,426K outstanding shares of the company, which has a market capitalization of 472.23 million. As of now, sales total 417,020 K while income totals -1,030 K. Its latest quarter income was 131,140 K while its last quarter net income were -1,700 K.