Market Recap: Gaotu Techedu Inc ADR (GOTU)’s Negative Momentum, Closing at 2.37

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of Gaotu Techedu Inc ADR (NYSE: GOTU) was $2.37 for the day, down -2.87% from the previous closing price of $2.44. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 1.25 million shares were traded. GOTU stock price reached its highest trading level at $2.4599 during the session, while it also had its lowest trading level at $2.36.

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 1.18 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.19.

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 613206656 and an Enterprise Value of -2264576512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at -0.646 whereas that against EBITDA is 2.889.

Stock Price History:

Over the past 52 weeks, GOTU has reached a high of $8.44, while it has fallen to a 52-week low of $2.40. The 50-Day Moving Average of the stock is -17.83%, while the 200-Day Moving Average is calculated to be -50.03%.

Shares Statistics:

GOTU traded an average of 2.57M shares per day over the past three months and 2560480 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 29.18% stake in the company. Shares short for GOTU as of 1731628800 were 8629404 with a Short Ratio of 3.25, compared to 1728950400 on 9574448. Therefore, it implies a Short% of Shares Outstanding of 8629404 and a Short% of Float of 6.260000000000001.

Most Popular