Market Watch: Gaotu Techedu Inc ADR (GOTU)’s Noteworthy Gain, Closing at 3.94

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As of close of business last night, Gaotu Techedu Inc ADR’s stock clocked out at $3.94, up 0.51% from its previous closing price of $3.92. In other words, the price has increased by $0.51 from its previous closing price. On the day, 5.01 million shares were traded. GOTU stock price reached its highest trading level at $4.045 during the session, while it also had its lowest trading level at $3.78.

Ratios:

To gain a deeper understanding of GOTU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.12.

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 1019423744 and an Enterprise Value of -2098902912. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at -0.598 whereas that against EBITDA is 2.677.

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 $2.22. The 50-Day Moving Average of the stock is 4.07%, while the 200-Day Moving Average is calculated to be -23.21%.

Shares Statistics:

It appears that GOTU traded 2.29M shares on average per day over the past three months and 4730780 shares per day over the past ten days. A total of 148.50M shares are outstanding, with a floating share count of 148.41M. Insiders hold about 0.06% of the company’s shares, while institutions hold 38.04% stake in the company. Shares short for GOTU as of 1726185600 were 8978955 with a Short Ratio of 3.92, compared to 1723680000 on 9437811. Therefore, it implies a Short% of Shares Outstanding of 8978955 and a Short% of Float of 6.510000000000001.

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