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Boiling and ready to burst as Gaotu Techedu Inc. (GOTU) last month performance was 44.39%

Gaotu Techedu Inc. (GOTU) is priced at $4.38 after the most recent trading session. At the very opening of the session, the stock price was $4.54 and reached a high price of $4.94, prior to closing the session it reached the value of $4.73. The stock touched a low price of $4.42.Recently in News on February 28, 2023, Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results. Gaotu Techedu Inc. (NYSE: GOTU) (“Gaotu” or the “Company”), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. You can read further details here

Gaotu 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 $5.49 on 03/07/23, with the lowest value was $0.64 for the same time period, recorded on 11/01/22.

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Gaotu Techedu Inc. (GOTU) full year performance was 184.09%

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, Gaotu Techedu Inc. shares are logging -20.31% during the 52-week period from high price, and 583.38% 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 $0.64 and $5.49.

The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 9629375 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Gaotu Techedu Inc. (GOTU) recorded performance in the market was 85.38%, having the revenues showcasing 152.89% 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 1.22B, as it employees total of 9015 workers.

Gaotu Techedu Inc. (GOTU) in the eye of market guru’s

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.64, with a change in the price was noted +3.11. In a similar fashion, Gaotu Techedu Inc. posted a movement of +293.40% for the period of last 100 days, recording 6,033,879 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 GOTU is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Gaotu Techedu Inc. (GOTU): Stocks Technical analysis and Trends

Raw Stochastic average of Gaotu Techedu Inc. in the period of last 50 days is set at 58.36%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 43.59%. In the last 20 days, the company’s Stochastic %K was 58.98% and its Stochastic %D was recorded 64.94%.

If we look into the earlier routines of Gaotu 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 85.38%. Additionally, trading for the stock in the period of the last six months notably improved by 171.74%, alongside a boost of 184.09% for the period of the last 12 months. The shares increased approximately by -16.83% in the 7-day charts and went down by 44.39% in the period of the last 30 days. Common stock shares were driven by 152.89% during last recorded quarter.

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