Gaotu Techedu Inc ADR (NYSE:GOTU) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.69.
Actively observing the price movement in the last trading, the stock closed the session at $2.69, falling within a range of $2.68 and $2.8. The value of beta (5-year monthly) was 0.17. Referring to stock’s 52-week performance, its high was $8.44, and the low was $1.87. On the whole, GOTU has fluctuated by -30.85% over the past month.
With the market capitalization of Gaotu Techedu Inc ADR currently standing at about $388.38 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.87B, with a low estimate of 1.24B and a high estimate of 1.44B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.38B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOTU’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 75% Sell.
The stock’s technical analysis shows that the price of GOTU currently trading nearly -8.64% and -12.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.62, while the 7-day volatility ratio is showing 3.96% which for the 30-day chart, stands at 6.44%. Furthermore, Gaotu Techedu Inc ADR (GOTU)’s beta value is 0.37, and its average true range (ATR) is 0.20.
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 0.00% in last session, and over the past year, it shrunk by -54.25%%.
Data on historical trading for Gaotu Techedu Inc ADR (NYSE:GOTU) indicates that the trading volumes over the past 10 days have averaged 1.56 and over the past 3 months, they’ve averaged 2.81 million. According to company’s latest data on outstanding shares, there are 144.38 million shares outstanding.
Nearly 0.06% of Gaotu Techedu Inc ADR’s shares belong to company insiders and institutional investors own 23.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.67 million shares as on 2025-03-31, resulting in a short ratio of 2.23. According to the data, the short interest in Gaotu Techedu Inc ADR (GOTU) stood at 505.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 7.8 million. The stock has risen by 22.83% 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.
