Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Gaotu Techedu Inc ADR (NYSE: GOTU) was $7.08 for the day, down -2.61% from the previous closing price of $7.27. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 2.9 million shares were traded. GOTU stock price reached its highest trading level at $7.17 during the session, while it also had its lowest trading level at $6.91.
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 1.81 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 03, 2024, Citigroup Upgraded its rating to Buy which previously was Sell but kept the price unchanged to $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 1828176256 and an Enterprise Value of -1482430080. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at -0.501 whereas that against EBITDA is 15.643.
Stock Price History:
Over the past 52 weeks, GOTU has reached a high of $8.42, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is 2.08%, while the 200-Day Moving Average is calculated to be 71.15%.
Shares Statistics:
GOTU traded an average of 4.99M shares per day over the past three months and 3104470 shares per day over the past ten days. A total of 147.93M shares are outstanding, with a floating share count of 147.84M. Insiders hold about 0.06% of the company’s shares, while institutions hold 30.62% stake in the company. Shares short for GOTU as of 1713139200 were 8620159 with a Short Ratio of 1.73, compared to 1710460800 on 11029090. Therefore, it implies a Short% of Shares Outstanding of 8620159 and a Short% of Float of 3.4799999999999995.
