17 Education & Technology Group Inc. (NASDAQ:YQ) saw a downside of -0.36% to close Monday at $0.85 after subtracting $0.0 on the day. The 5-day average trading volume is 1,206,680 shares of the company’s common stock. It has gained $0.9000 in the past week. An average of 1,232,440 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,794,186.
YQ’s 1-month performance is -26.36% or -$0.3031 on its low of $0.8080 reached on 10/08/21. The company’s shares have touched a 52-week low of $0.81 and high of $23.93. YTD, YQ has lost -93.39% or -$11.9631. However, the current price is down -96.46%% from the 52-week high price.
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17 Education & Technology Group Inc. (YQ) has a trailing price-to-earnings (P/E) ratio of 24.50 for the broader industry and 24.62 for the sector.YQ stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.56 while the price-to-book (PB) in the most recent quarter is 0.86.
17 Education & Technology Group Inc.’s quick ratio for the period ended June 29 was 1.70, with the current ratio over the same period at 1.70 meaning that YQ stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 61.30%. The trailing 12-month EBITDA margin is -100.00% while for the period ending June 29; 17 Education & Technology Group Inc.’s operating margin was -97.10%. The firm’s gross profit as reported stood at $122.41 million against revenue of $198.37 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected YQ to announce -$0.17 per share in earnings in its latest quarter, but it posted -$0.18, representing a -5.90% surprise. EBITDA for the quarter stood at more than -$43.33 million. YQ stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 243.81 million, with total debt at $296.15 million
Let’s look briefly at 17 Education & Technology Group Inc. (YQ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 33.11% to suggest the stock is trending Neutral, with historical volatility in this time period at 56.59%.
The stock’s 5-day moving average is $0.8490, reflecting a +2.98% or $0.0245 change from its current price. YQ is currently trading -26.36% above its 20-day SMA, -82.32% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -24.38% and -94.14% respectively.
Stochastic %K and %D was 14.17% and 13.60% and the average true range (ATR) pointed at 0.0710. The RSI (14) points at 34.24%, while the 14-day stochastic is at 13.79% with the period’s ATR at 0.0834. The stock’s 9-day MACD Oscillator is pointing at -0.0082 and -0.0583 on the 14-day charts.
In the most recent analyst report for 17 Education & Technology Group Inc. (NASDAQ: YQ), BofA Securities downgraded it to an Underperform rating. They previously had a Buy rating on the stock. Analysts offering their rating for YQ stock have a consensus rating for the stock as Underweight. Currently, 0 brokerage advisors rate YQ as a “sell,”, while 0 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is YQ’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.37 and a high of $10.37, with their median price target at $10.37. Looking at these predictions, the average price target given by analysts is for 17 Education & Technology Group Inc. (YQ) stock is $10.37.