During the last session, Gaotu Techedu Inc ADR (NYSE:GOTU)’s traded shares were 2.88 million, with the beta value of the company hitting 0.07. At the end of the trading day, the stock’s price was $6.88, reflecting an intraday gain of 6.67% or $0.43. The 52-week high for the GOTU share is $8.42, that puts it down -22.38 from that peak though still a striking 67.73% gain since the share price plummeted to a 52-week low of $2.22. The company’s market capitalization is $1.05B, and the average trade volume was 5.73 million shares over the past three months.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Gaotu Techedu Inc ADR (GOTU) registered a 6.67% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.67% in intraday trading to $6.88, hitting a weekly high. The stock’s 5-day price performance is 7.84%, and it has moved by -0.72% in 30 days. Based on these gigs, the overall price performance for the year is 122.65%.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
In the rating firms’ projections, revenue will increase 49.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 129.55M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 140.42M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.99%. While earnings are projected to return 617.12% in 2024, the next five years will return 16.03% per annum.
GOTU Dividends
Gaotu Techedu Inc ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
