Gaotu Techedu Inc ADR (NYSE:GOTU) price on Thursday, March 20, fall -7.46% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.60.
A look at the stock’s price movement, the close in the last trading session was $3.89, moving within a range at $3.51 and $3.77. The beta value (5-Year monthly) was 0.093. Turning to its 52-week performance, $8.44 and $1.87 were the 52-week high and 52-week low respectively. Overall, GOTU moved 32.84% over the past month.
Gaotu Techedu Inc ADR’s market cap currently stands at around $519.77 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GOTU is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend GOTU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GOTU’s current price about 4.93% and 31.88% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.37, while 7-day volatility ratio is 7.21% and 10.32% in the 30-day chart. Further, Gaotu Techedu Inc ADR (GOTU) has a beta value of 0.08, and an average true range (ATR) of 0.30. Analysts have given the company’s stock an average 52-week price target of $2.94, forecast between a low of $2.94 and high of $2.94. Looking at the price targets, the low is 18.33% off current price level while to achieve the yearly target high, price needs to move 18.33%. Nonetheless, investors will most likely welcome a 18.33% jump to $2.94 which is the analysts’ median price.
If we refocus on Gaotu Techedu Inc ADR (NYSE:GOTU), historical trading data shows that trading volumes averaged 2.95 over the past 10 days and 2.68 million over the past 3 months. The company’s latest data on shares outstanding shows there are 144.38 million shares.
The 0.06% of Gaotu Techedu Inc ADR’s shares are in the hands of company insiders while institutional holders own 23.34% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.8 million on 2025-02-28, giving us a short ratio of 2.36. The data shows that as of 2025-02-28 short interest in Gaotu Techedu Inc ADR (GOTU) stood at 590.0 of shares outstanding, with shares short rising to 6.83 million registered in 2025-01-31. Current price change has pushed the stock 64.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GOTU stock continues to rise going into the next quarter.
