Gaotu Techedu Inc. [GOTU] is -71.65% lower this YTD. Is it still time to buy?

Gaotu Techedu Inc. [NYSE: GOTU] closed the trading session at $14.66 on 06/11/21. The day’s price range saw the stock hit a low of $14.18, while the highest price level was $16.07. The company report on June 4, 2021 that Gaotu Techedu Inc. Announces Effectiveness of Name Change.

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Gaotu Techedu Inc. (“Gaotu” or the “Company”) (NYSE: GOTU), a leading online K-12 large-class after-school tutoring service provider in China, announced that it has changed its name from “GSX Techedu Inc.” to “Gaotu Techedu Inc.,” effective June 4, 2021. The American depositary shares of the Company, every three representing two Class A ordinary shares, par value US$0.0001 per share, will begin trading under the new corporate name on June 7, 2021.

About Gaotu Techedu Inc.

The stocks have a year to date performance of -71.65 percent and weekly performance of 2.95 percent. The stock has been moved at -77.38 percent over the last six months. The stock has performed -38.87 percent around the most recent 30 days and changed -82.73 percent over the most recent 3-months.

If compared to the average trading volume of 13.04M shares, GOTU reached to a volume of 15095434 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Gaotu Techedu Inc. [GOTU]:

Citigroup have made an estimate for Gaotu Techedu Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 11, 2021. While these analysts kept the previous recommendation, Goldman dropped their target price from $60 to $20. The new note on the price target was released on June 02, 2021, representing the official price target for Gaotu Techedu Inc. stock.

The Average True Range (ATR) for Gaotu Techedu Inc. is set at 2.29, with the Price to Sales ratio for GOTU stock in the period of the last 12 months amounting to 3.40. The Price to Book ratio for the last quarter was 5.47, with the Price to Cash per share for the same quarter was set at 2.98.

GOTU stock trade performance evaluation

Gaotu Techedu Inc. [GOTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.95. With this latest performance, GOTU shares dropped by -38.87% in over the last four-week period, additionally sinking by -77.38% over the last 6 months – not to mention a drop of -62.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GOTU stock in for the last two-week period is set at 31.68, with the RSI for the last a single of trading hit 31.16, and the three-weeks RSI is set at 32.71 for Gaotu Techedu Inc. [GOTU]. The present Moving Average for the last 50 days of trading for this stock 24.35, while it was recorded at 15.12 for the last single week of trading, and 65.73 for the last 200 days.

Gaotu Techedu Inc. [GOTU]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gaotu Techedu Inc. [GOTU] shares currently have an operating margin of -24.63 and a Gross Margin at +75.26. Gaotu Techedu Inc.’s Net Margin is presently recorded at -19.55.

Return on Total Capital for GOTU is now -40.42, given the latest momentum, and Return on Invested Capital for the company is -32.92. Return on Equity for this stock declined to -36.70, with Return on Assets sitting at -19.03. When it comes to the capital structure of this company, Gaotu Techedu Inc. [GOTU] has a Total Debt to Total Equity ratio set at 13.91. Additionally, GOTU Total Debt to Total Capital is recorded at 12.21, with Total Debt to Total Assets ending up at 7.46. Long-Term Debt to Equity for the company is recorded at 11.24, with the Long-Term Debt to Total Capital now at 9.87.

Reflecting on the efficiency of the workforce at the company, Gaotu Techedu Inc. [GOTU] managed to generate an average of -$8,941 per employee. Receivables Turnover for the company is 100.11 with a Total Asset Turnover recorded at a value of 0.97.Gaotu Techedu Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

Earnings per share (EPS) analysis for Gaotu Techedu Inc. [GOTU] stock

With the latest financial reports released by the company, Gaotu Techedu Inc. posted 0.04/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -33.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GOTU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gaotu Techedu Inc. go to 16.03%.

Gaotu Techedu Inc. [GOTU]: Insider Ownership positions

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Positions in Gaotu Techedu Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 108 institutional holders increased their position in Gaotu Techedu Inc. [NYSE:GOTU] by around 32,072,387 shares. Additionally, 76 investors decreased positions by around 46,608,061 shares, while 14 investors held positions by with 17,155,997 shares. The mentioned changes placed institutional holdings at 95,836,445 shares, according to the latest SEC report filing. GOTU stock had 54 new institutional investments in for a total of 12,600,947 shares, while 25 institutional investors sold positions of 7,889,893 shares during the same period.

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