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.
As of close of business last night, Gaotu Techedu Inc ADR’s stock clocked out at $3.05, up 2.69% from its previous closing price of $2.97. In other words, the price has increased by $2.69 from its previous closing price. On the day, 1.37 million shares were traded. GOTU stock price reached its highest trading level at $3.095 during the session, while it also had its lowest trading level at $2.855.
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 1.11 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 771451776 and an Enterprise Value of -2173057024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at -0.477 whereas that against EBITDA is 1.927.
Stock Price History:
The Beta on a monthly basis for GOTU is 0.28, which has changed by -0.54135334 over the last 52 weeks, in comparison to a change of 0.101756096 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 3.51%, while the 200-Day Moving Average is calculated to be -8.88%.
Shares Statistics:
It appears that GOTU traded 2.82M shares on average per day over the past three months and 2428930 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 1741910400 were 5969642 with a Short Ratio of 2.11, compared to 1739491200 on 6614186. Therefore, it implies a Short% of Shares Outstanding of 5969642 and a Short% of Float of 4.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
