For the readers interested in the stock health of GSX Techedu Inc. (GSX). It is currently valued at $56.78. When the transactions were called off in the previous session, Stock hit the highs of $60.70, after setting-off with the price of $59.70. Company’s stock value dipped to $58.96 during the trading on the day. When the trading was stopped its value was $59.90.
Recently in News on December 7, 2020, GSX Announces Private Placement Financing of US$ 870 Million. GSX Techedu Inc. (NYSE: GSX) (“GSX” or the “Company”), a leading online K-12 large-class after-school tutoring service provider in China, today announced that certain investors have agreed to purchase through a private placement a total of US$ 870 million of newly issued Class A ordinary shares of the Company, representing approximately 6.2% of the Company’s total outstanding shares. The private placement is expected to be closed in December 2020. You can read further details here
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GSX Techedu Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $141.78 on 08/07/20, with the lowest value was $22.70 for the same time period, recorded on 01/02/20.
GSX Techedu Inc. (GSX) full year performance was 191.77%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, GSX Techedu Inc. shares are logging -59.95% during the 52-week period from high price, and 180.40% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $20.25 and $141.78.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 1920023 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the GSX Techedu Inc. (GSX) recorded performance in the market was 174.02%, having the revenues showcasing -42.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 14.31B, as it employees total of 6435 workers.
Analysts verdict on GSX Techedu Inc. (GSX)
During the last month, 3 analysts gave the GSX Techedu Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 4 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 83.46, with a change in the price was noted -29.05. In a similar fashion, GSX Techedu Inc. posted a movement of -33.76% for the period of last 100 days, recording 4,403,538 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GSX is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
GSX Techedu Inc. (GSX): Technical Analysis
Raw Stochastic average of GSX Techedu Inc. in the period of last 50 days is set at 4.91%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.41%. In the last 20 days, the company’s Stochastic %K was 21.56% and its Stochastic %D was recorded 26.84%.
Let’s take a glance in the erstwhile performances of GSX Techedu Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 174.02%. Additionally, trading for the stock in the period of the last six months notably improved by 6.75%, alongside a boost of 191.77% for the period of the last 12 months. The shares increased approximately by -3.71% in the 7-day charts and went up by -11.92% in the period of the last 30 days. Common stock shares were lifted by -42.89% during last recorded quarter.