A Few Bright Spots In Gaotu Techedu Inc ADR (NYSE: GOTU)

Gaotu Techedu Inc ADR (NYSE:GOTU) currently has a daily average trading volume of 1.94M but it saw 902192 shares traded in last market. With a market cap of 710.06M USD, the company’s current market price of $4.80 remained unchanged while comparing to the previous closing price of $4.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.44 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 $5.08, while its current price level is -43.09% below from 52-week high level whereas it is 116.22% 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 $5.34 while that of 200 days or SMA-200 reads an average of $4.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.45% during that period while stretching the period over a month that increases to 5.77%. 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 42.63 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 -0.83% down while it is -2.44% when we observe its performance for the past one month. Year-to-date it is 32.60% up and over the past year, the stock is showing an upside performance of 14.56%.

Currently, Gaotu Techedu Inc ADR’s total number of outstanding shares is 147.93M. Company’s return on investment (ROI) stands at -3.96% and return on equity (ROE) at -4.04%. Stock’s beta reads 0.00. Stock has a price to book (P/B) ratio of 2.86 while price to sale or P/S ratio amounts to 1.59. Its return on asset (ROA) is -2.54% on average.