Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Gaotu Techedu Inc ADR (NYSE: GOTU) was $3.92 for the day, down -1.75% from the previous closing price of $3.99. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 2.48 million shares were traded. GOTU stock price reached its highest trading level at $4.0631 during the session, while it also had its lowest trading level at $3.895.
Ratios:
Our analysis of GOTU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.18.
Citigroup Upgraded its Sell to Buy on January 03, 2024, while the target price for the stock was maintained at $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOTU now has a Market Capitalization of 1009211840 and an Enterprise Value of -2012785792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at -0.442 whereas that against EBITDA is 1.785.
Stock Price History:
The Beta on a monthly basis for GOTU is 0.07, which has changed by -0.47453082 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, GOTU has reached a high of $8.44, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is 47.09%, while the 200-Day Moving Average is calculated to be 13.28%.
Shares Statistics:
GOTU traded an average of 2.68M shares per day over the past three months and 3269040 shares per day over the past ten days. A total of 144.38M shares are outstanding, with a floating share count of 144.29M. Insiders hold about 0.06% of the company’s shares, while institutions hold 23.34% stake in the company. Shares short for GOTU as of 1740700800 were 7803278 with a Short Ratio of 2.91, compared to 1738281600 on 6829299. Therefore, it implies a Short% of Shares Outstanding of 7803278 and a Short% of Float of 5.8999999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
