On Monday, Gaotu Techedu Inc ADR (NYSE: GOTU) opened higher 3.37% from the last session, before settling in for the closing price of $2.67. Price fluctuations for GOTU have ranged from $1.87 to $8.44 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 47.27% annually for the last half of the decade. Company’s average yearly earnings per share was noted 71.35% at the time writing. With a float of $144.29 million, this company’s outstanding shares have now reached $144.38 million.
In terms of profitability, gross margin is 68.05%, operating margin of -25.95%, and the pretax margin is -22.85%.
Gaotu Techedu Inc ADR (GOTU) Insider Updates
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 23.13%.
Gaotu Techedu Inc ADR (GOTU) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 71.35% per share during the next fiscal year.
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 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.01 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 1.65 million. That was inferior than the volume of 2.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.67%. Additionally, its Average True Range was 0.23.
During the past 100 days, Gaotu Techedu Inc ADR’s (GOTU) raw stochastic average was set at 40.27%, which indicates a significant increase from 32.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.69% in the past 14 days, which was lower than the 82.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.04, while its 200-day Moving Average is $3.26. However, in the short run, Gaotu Techedu Inc ADR’s stock first resistance to watch stands at $2.84. Second resistance stands at $2.93. The third major resistance level sits at $3.00. If the price goes on to break the first support level at $2.68, it is likely to go to the next support level at $2.61. Assuming the price breaks the second support level, the third support level stands at $2.52.
Gaotu Techedu Inc ADR (NYSE: GOTU) Key Stats
There are currently 259,570K shares outstanding in the company with a market cap of 398.49 million. Presently, the company’s annual sales total 623,840 K according to its annual income of -143,710 K. Last quarter, the company’s sales amounted to 190,240 K and its income totaled -18,610 K.
