Gaotu Techedu Inc ADR (NYSE:GOTU) price on Thursday, April 10, rose 0.76% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.64.
A look at the stock’s price movement, the close in the last trading session was $2.62, moving within a range at $2.6 and $2.71. The beta value (5-Year monthly) was 0.17. Turning to its 52-week performance, $8.44 and $1.87 were the 52-week high and 52-week low respectively. Overall, GOTU moved -23.92% over the past month.
Gaotu Techedu Inc ADR’s market cap currently stands at around $381.16 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 1.38B for the company’s revenue for the quarter, with a low and high estimate of 1.24B and 1.43B respectively. The average forecast suggests up to a 45.37% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.87B, representing a 28.87% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GOTU is a Hold. 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 100% Sell 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 -18.01% and -12.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.60, while 7-day volatility ratio is 8.59% and 7.20% in the 30-day chart. Further, Gaotu Techedu Inc ADR (GOTU) has a beta value of 0.34, and an average true range (ATR) of 0.24. 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 -11.36% off current price level while to achieve the yearly target high, price needs to move -11.36%. Nonetheless, investors will most likely welcome a -11.36% 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 2.03 over the past 10 days and 2.83 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 23.13% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.97 million on 2025-03-14, giving us a short ratio of 1.4. The data shows that as of 2025-03-14 short interest in Gaotu Techedu Inc ADR (GOTU) stood at 451.99999999999994 of shares outstanding, with shares short falling to 6.61 million registered in 2025-02-14. Current price change has pushed the stock 20.55% 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.
