Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of -0.01 and has seen 2.98 million shares traded in the last trading session. The company, currently valued at $553.91M, closed the last trade at $3.73 per share which meant it gained $0.02 on the day or 0.54% during that session. The GOTU stock price is -126.27% off its 52-week high price of $8.44 and 40.48% 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 4.78 million shares traded. The 3-month trading volume is 2.59 million shares.
The consensus among analysts is that Gaotu Techedu Inc ADR (GOTU) is Buy stock at the moment, with a recommendation rating of 1.78. 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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Sporting 0.54% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $3.73 or saw a rise of 14.84%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 3.04%, while the 5-day performance has seen it change -4.85%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed 37.13%. Short interest in the company has seen 9.66 million shares shorted with days to cover at 3.14.
Wall Street analysts have a consensus price target for the stock at $2.94, which means that the shares’ value could drop -26.87% from current levels. 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 current price level is 21.18% off the targeted high while a plunge would see the stock lose 21.18% from current levels.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have lost -40.79% 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 -11353.44% 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 in November 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 Jul 31, 2024 , the former fund manager holds about 0.76% shares in the company for having 1.96 shares of worth $7.3 million while later fund manager owns 1.87 shares of worth $6.98 million as of Jul 31, 2024 , which makes it owner of about 0.72% of company’s outstanding stock.
