On Monday, Gaotu Techedu Inc ADR (NYSE: GOTU) opened higher 5.63% from the last session, before settling in for the closing price of $3.02. Price fluctuations for GOTU have ranged from $2.22 to $8.44 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 118.93% annually for the last half of the decade. Company’s average yearly earnings per share was noted -11345.04% at the time writing. With a float of $148.41 million, this company’s outstanding shares have now reached $148.50 million.
In an organization with 7767 employees, it is important to assess its efficiency. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Education & Training Services industry is another important factor to consider. The insider ownership of Gaotu Techedu Inc ADR is 0.06%, while institutional ownership is 38.27%.
Gaotu Techedu Inc ADR (GOTU) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.07) by 0.01. 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 -11345.04% 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
Check out the current performance indicators for Gaotu Techedu Inc ADR (GOTU). In the past 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 0.98.
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 -0.38 in one year’s time.
Technical Analysis of Gaotu Techedu Inc ADR (GOTU)
Let’s dig in a bit further. During the last 5-days, its volume was 1.85 million. That was inferior than the volume of 3.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.70%. Additionally, its Average True Range was 0.26.
During the past 100 days, Gaotu Techedu Inc ADR’s (GOTU) raw stochastic average was set at 19.69%, which indicates a significant decrease from 35.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.09% in the past 14 days, which was lower than the 95.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.34, while its 200-day Moving Average is $5.11. However, in the short run, Gaotu Techedu Inc ADR’s stock first resistance to watch stands at $3.28. Second resistance stands at $3.36. The third major resistance level sits at $3.45. If the price goes on to break the first support level at $3.11, it is likely to go to the next support level at $3.02. The third support level lies at $2.94 if the price breaches the second support level.
Gaotu Techedu Inc ADR (NYSE: GOTU) Key Stats
There are currently 258,426K shares outstanding in the company with a market cap of 473.72 million. Presently, the company’s annual sales total 417,020 K according to its annual income of -1,030 K. Last quarter, the company’s sales amounted to 138,950 K and its income totaled -59,110 K.
