Gaotu Techedu Inc ADR (NYSE:GOTU) shares, rose in value, on Thursday, July 18, with the stock price up by 1.86% to the previous day’s close as strong demand from buyers drove the stock to $4.93.
Actively observing the price movement in the recent trading, the stock is buoying the session at $4.84. Referring to stock’s 52-week performance, its high was $8.44, and the low was $2.22. On the whole, GOTU has fluctuated by -1.99% over the past month.
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The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GOTU currently trading nearly -3.80% and -16.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.79, while the 7-day volatility ratio is showing 5.04% which for the 30-day chart, stands at 5.83%. Furthermore, Gaotu Techedu Inc ADR (GOTU)’s beta value is -0.01, and its average true range (ATR) is 0.31.
A comparison of Gaotu Techedu Inc ADR (GOTU) with its peers suggests the former has fared considerably weaker in the market. GOTU showed an intraday change of 1.86% in today’s session so far, and over the past year, it grew by 56.01%%.
Data on historical trading for Gaotu Techedu Inc ADR (NYSE:GOTU) indicates that the trading volumes over the past 3 months, they’ve averaged 2.27 million. According to company’s latest data on outstanding shares, there are 147.93 million shares outstanding.
Nearly 0.06% of Gaotu Techedu Inc ADR’s shares belong to company insiders and institutional investors own 34.28% of the company’s shares. The stock has risen by 36.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOTU stock heading into the next quarter.
