Gaotu Techedu (NYSE:GOTU – Get Free Report) last released its quarterly earnings results on Wednesday, August 30th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $96.96 million for the quarter. Gaotu Techedu had a return on equity of 5.74% and a net margin of 6.89%.
Gaotu Techedu Price Performance
NYSE GOTU traded down $0.12 during trading hours on Tuesday, reaching $2.65. The company’s stock had a trading volume of 681,002 shares, compared to its average volume of 3,039,078. The firm has a fifty day simple moving average of $2.55 and a 200-day simple moving average of $2.93. Gaotu Techedu has a 52 week low of $0.95 and a 52 week high of $5.49. The stock has a market cap of $687.80 million, a P/E ratio of 26.60 and a beta of -0.42.
Institutional Trading of Gaotu Techedu
Wall Street Analysts Forecast Growth
Separately, CLSA lowered shares of Gaotu Techedu from an “outperform” rating to an “underperform” rating and reduced their price objective for the company from $3.32 to $3.30 in a research note on Thursday, August 31st.
Gaotu Techedu Company Profile
Gaotu Techedu Inc, a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. The company provides foreign language courses comprising English and Japanese, as well as test preparation courses for students taking language certification exams; and professional courses primarily for college students and adults preparing for professional qualification exams, such teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, Certified Tax Agent designation, securities qualification exams, and other exams.
- Five stocks we like better than Gaotu Techedu
- What Are Growth Stocks and Investing in Them
- Zoom Video Communications: A tech phoenix ready to rise
- The 3 Best Blue-Chip Stocks to Buy Now
- The only two airline stocks worth buying: One is a Goldman pick
- How to Buy Bitcoin Stock: 3 Easy Ways to Do It
- Ride the momentum: Apparel stocks soaring at 52-week highs
Receive News & Ratings for Gaotu Techedu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaotu Techedu and related companies with MarketBeat.com's FREE daily email newsletter.