Gaotu Techedu Inc ADR (NYSE:GOTU): Buy, Sell Or Hold At $7.20?

In last trading session, Gaotu Techedu Inc ADR (NYSE:GOTU) saw 3.55 million shares changing hands with its beta currently measuring 0.08. Company’s recent per share price level of $7.20 trading at $0.71 or 10.94% at ring of the bell on the day assigns it a market valuation of $1.07B. That closing price of GOTU’s stock is at a discount of -16.94% from its 52-week high price of $8.42 and is indicating a premium of 69.17% from its 52-week low price of $2.22. Taking a look at company’s average trading volume volume of 5.50 million if we extend that period to 3-months.

Gaotu Techedu Inc ADR (NYSE:GOTU) trade information

Upright in the green during last session for gaining 10.94%, in the last five days GOTU remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $7.20 price level, adding 0.55% to its value on the day. Gaotu Techedu Inc ADR’s shares saw a change of 98.90% in year-to-date performance and have moved 4.65% in past 5-day. Gaotu Techedu Inc ADR (NYSE:GOTU) showed a performance of 1.55% in past 30-days.

Gaotu Techedu Inc ADR (GOTU) estimates and forecasts

This year revenue growth is estimated to rise 49.50% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 129.61M for the same. And 3 analysts are in estimates of company making revenue of 140.49M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.99% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 616.75% while estimates for its earnings growth in next 5 years are of 16.03%.

GOTU Dividends

Gaotu Techedu Inc ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.