Gaotu Techedu Inc ADR [NYSE: GOTU] closed the trading session at $3.44.
The stocks have a year to date performance of 57.08 percent and weekly performance of 33.85 percent. The stock has been moved at -15.69 percent over the last six months. The stock has performed 47.01 percent around the most recent 30 days and changed 34.90 percent over the most recent 3-months.
If compared to the average trading volume of 2.37M shares, GOTU reached to a volume of 6301739 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 ADR [GOTU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GOTU shares is $3.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GOTU stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Gaotu Techedu Inc ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on August 27, 2024. The new note on the price target was released on February 28, 2024, representing the official price target for Gaotu Techedu Inc ADR stock. Previously, the target price had yet another raise to $4.50, while Citigroup analysts kept a Buy rating on GOTU stock.
The Average True Range (ATR) for Gaotu Techedu Inc ADR is set at 0.26, with the Price to Sales ratio for GOTU stock in the period of the last 12 months amounting to 0.78. The Price to Book ratio for the last quarter was 2.97, with the Price to Cash per share for the same quarter was set at 3.01.
GOTU stock trade performance evaluation
Gaotu Techedu Inc ADR [GOTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.85. With this latest performance, GOTU shares gained by 47.01% in over the last four-week period, additionally sinking by -15.69% over the last 6 months – not to mention a drop of -42.09% 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 72.96, with the RSI for the last a single of trading hit 77.12, and the three-weeks RSI is set at 68.87 for Gaotu Techedu Inc ADR [GOTU]. The present Moving Average for the last 50 days of trading for this stock 2.33, while it was recorded at 2.88 for the last single week of trading, and 3.70 for the last 200 days.
Gaotu Techedu Inc ADR [GOTU]: An insightful look at the core fundamentals
Gaotu Techedu Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.11 and a Current Ratio set at 1.12.
Gaotu Techedu Inc ADR [GOTU]: Institutional Ownership
The top three institutional holders of GOTU stocks are: GOLDMAN SACHS GROUP INC with ownership of 7.73 million shares, which is approximately 2.9885%. MORGAN STANLEY, holding 7.41 million shares of the stock with an approximate value of $$36.29 million in GOTU stocks shares; and MORGAN STANLEY, currently with $$27.07 million in GOTU stock with ownership which is approximately 2.1372%.
