How Have Gaotu Techedu Inc. (GOTU) Insiders Been Trading?

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Gaotu Techedu Inc. (NYSE:GOTU) finished Wednesday with a subtraction of -$0.06 to close at $1.24, a downside of -4.62 percent. An average of 1,465,620 shares of common stock have been traded in the last five days. There was a fall of -$0.2900 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,161,145 shares traded, while the 50-day average volume stands at 2,303,440.

GOTU stock has decreased by -14.48% in the last month. The company shares reached their 1-month lowest point of $1.2400 on 09/21/22. With the stock rallying to its 52-week high on 02/16/22, shares of the company touched a low of $1.15 and a high of $4.58 in 52 weeks. It has reached a new high 8 times so far this year and lost -36.08% or -$0.7000 in price. In spite of this, the price is down -72.93% from the 52-week high.


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Valuation Metrics

Gaotu Techedu Inc. (GOTU) has a trailing price-to-sales (P/S) ratio at 0.66, the price-to-book (PB) ratio at 0.74.

Financial Health

The quick ratio of Gaotu Techedu Inc. for the three months ended December 30 was 3.00, and the current ratio was 3.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending December 30. Its gross profit as reported stood at $653.45 million compared to revenue of $1.03 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gaotu Techedu Inc.’s return on assets was -15.80%.

Earnings Surprise

For the three-month period that ended December 30, Gaotu Techedu Inc. had $435.3 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$487.0 million in the quarter, while revenues were grew 56.17%. The analyst consensus anticipated Gaotu Techedu Inc.’s latest quarter earnings to come in at $0.24 per share, but it turned out to be $0.18, a -25.00% surprise. For the quarter, EBITDA amounted to -$9.03 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Gaotu Techedu Inc. (GOTU) price momentum. RSI 9-day as of the close on 21 September was 22.64%, suggesting the stock is oversold, with historical volatility in this time frame at 70.53%.

As of today, GOTU’s price is $1.3620 -18.95% or -$0.2900 from its 5-day moving average. GOTU is currently trading -16.22% lower than its 20-day SMA and -16.78% lower than its 100-day SMA. However, the stock’s current price level is -30.73% below the SMA50 and -40.67% below the SMA200.

The stochastic %K and %D were 4.02% and 5.18%, respectively, and the average true range (ATR) was 0.1070. With the 14-day stochastic at 0.00% and the average true range at 0.1140, the RSI (14) stands at 30.00%. The stock has reached -0.1567 on the 9-day MACD Oscillator while the 14-day reading was at -0.2057.

Analyst Ratings

CLSA upgraded Gaotu Techedu Inc. (NYSE: GOTU) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as a Sell.

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