It’s Not A Fantasy To Think That Gaotu Techedu Inc ADR (GOTU) Has Big Future Potential

Gaotu Techedu Inc ADR (NYSE:GOTU) currently has a daily average trading volume of 5.61M but it saw 1221022 shares traded in last market. With a market cap of 960.07M USD, the company’s current market price of $6.49 came falling about -0.61 while comparing to the previous closing price of $6.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.42 and as low as $2.22.

Taking a look at 20-day trading activity of Gaotu Techedu Inc ADR (GOTU) gives us an average price of $6.46, while its current price level is -22.92% below from 52-week high level whereas it is 192.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.83 while that of 200 days or SMA-200 reads an average of $4.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.96% during that period while stretching the period over a month that decreases to 5.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.66 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Buy” from “Sell” on January 03, 2024 while assigning a price target of $4.50.

Over the week, GOTU’s stock price is moving 0.62% up while it is -8.33% when we observe its performance for the past one month. Year-to-date it is 79.28% up and over the past year, the stock is showing an upside performance of 92.58%.

Currently, Gaotu Techedu Inc ADR’s total number of outstanding shares is 147.93M. Company’s return on investment (ROI) stands at 0.03% and return on equity (ROE) at 0.03%. It has a 81.90 of forward P/E ratio. Stock’s beta reads 0.07. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 2.30. Its return on asset (ROA) is 0.02% on average.