Gaotu Techedu Inc. (NYSE:GOTU – Get Free Report)’s stock price fell 5% on Tuesday . The company traded as low as $1.96 and last traded at $1.99. 1,005,959 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 1,664,770 shares. The stock had previously closed at $2.09.
Gaotu Techedu Stock Up 1.3 %
The firm has a market cap of $494.48 million, a PE ratio of -3.34 and a beta of 0.03. The firm’s 50 day moving average is $2.36 and its 200-day moving average is $3.27.
Gaotu Techedu (NYSE:GOTU – Get Free Report) last released its earnings results on Wednesday, December 4th. The company reported ($0.26) earnings per share for the quarter. Gaotu Techedu had a negative return on equity of 37.79% and a negative net margin of 26.36%.
Hedge Funds Weigh In On Gaotu Techedu
Gaotu Techedu Company Profile
Gaotu Techedu Inc, a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.
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