Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of 0.08 and has seen 2.07 million shares traded in the last trading session. The company, currently valued at $1.17B, closed the last trade at $7.72 per share which meant it lost -$0.07 on the day or -0.90% during that session. The GOTU stock price is -9.07% off its 52-week high price of $8.42 and 71.24% above the 52-week low of $2.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.72 million shares traded. The 3-month trading volume is 7.63 million shares.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Sporting -0.90% in the red in last session, the stock has traded in the green over the last five days, when the GOTU stock price touched $7.72 or saw a rise of 3.74%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 113.26%, while the 5-day performance has seen it change 7.97%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed 46.21%. Short interest in the company has seen 12.82 million shares shorted with days to cover at 1.27.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have gained 195.79% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 49.20%.
3 analysts offering their estimates for the company have set an average revenue estimate of $130.25 million for the current quarter. 2 have an estimated revenue figure of $147.61 million for the next quarter concluding in Jun 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 19.99% over the past 5 years. Earnings growth for 2024 is a modest 745.18% while over the next 5 years, the company’s earnings are expected to increase by 16.03%.
GOTU Dividends
Gaotu Techedu Inc ADR is expected to release its next earnings report between May 28 and June 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
Insiders own 4.78% of the company shares, while shares held by institutions stand at 32.58% with a share float percentage of 34.22%. Investors are also buoyed by the number of investors in a company, with Gaotu Techedu Inc ADR having a total of 76 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 5.49 million shares worth more than $15.85 million. As of Jun 29, 2023, Vanguard Group Inc held 2.09% of shares outstanding.
The other major institutional holder is Strategic Vision Investment Ltd, with the holding of over 4.23 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $12.21 million and represent 1.61% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Emerging Markets Stk and Vanguard International Stock Index-Total Intl Stock Indx. As of Jul 30, 2023, the former fund manager holds about 0.76% shares in the company for having 1.98 million shares of worth $8.29 million while later fund manager owns 1.85 million shares of worth $7.74 million as of Jul 30, 2023, which makes it owner of about 0.70% of company’s outstanding stock.
