Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of -0.02 and has seen 1.25 million shares traded in the recent trading session. The company, currently valued at $432.14M, closed the recent trade at $2.91 per share which meant it gained $0.12 on the day or 4.30% during that session. The GOTU stock price is -190.03% off its 52-week high price of $8.44 and 23.71% 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 1.58 million shares traded. The 3-month trading volume is 1.81 million shares.
The consensus among analysts is that Gaotu Techedu Inc ADR (GOTU) is Buy stock at the moment, with a recommendation rating of 1.88. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Sporting 4.30% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $2.91 or saw a rise of 7.03%. Year-to-date, Gaotu Techedu Inc ADR shares have moved -19.61%, while the 5-day performance has seen it change 9.40%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed -28.33%. Short interest in the company has seen 10.09 million shares shorted with days to cover at 4.1.
Wall Street analysts have a consensus price target for the stock at $2.94, which means that the shares’ value could jump 1.02% from the levels at last check today. The projected low price target is $2.94 while the price target rests at a high of $2.94. In that case, then, we find that the latest price level in today’s session is -1.03% off the targeted high while a plunge would see the stock gain -1.03% from the levels at last check today.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have lost -57.33% over the past 6 months.
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 -11408.53% 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 on 2024-Aug-27 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
The top two institutional holders are GOLDMAN SACHS GROUP INC with over 7.73 million shares worth more than $37.85 million. As of 2024-06-30, GOLDMAN SACHS GROUP INC held 2.9885% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 7.41 million shares as of 2024-06-30. The firm’s total holdings are worth over $36.29 million and represent 2.8648% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. As of Apr 30, 2024, the former fund manager holds about 0.75% shares in the company for having 1.94 shares of worth $5.65 million while later fund manager owns 1.87 shares of worth $5.47 million as of Apr 30, 2024, which makes it owner of about 0.72% of company’s outstanding stock.
