After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Gaotu Techedu Inc. (GOTU) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 1.36%, to $2.98. The Gaotu Techedu Inc. has recorded 639 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Gaotu Techedu to Report First Quarter 2023 Financial Results on May 30, 2023.
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Stocks Info
The company is listed on the NYSE and operates within the Education & Training Services industry segment. At the end of the last regular session, the stock closed at $2.94 and fluctuated between $3.0000 as its day high and $2.9200 as its day low. The current market capitalization of Gaotu Techedu Inc. is $781.04M. A total of 0.98 million shares were traded on the day, compared to an average of 3.49M shares.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GOTU in the last 3 months, the mean price target is $30.82 with high estimates of $34.45 and low estimates of $27.20. In terms of 52-week highs and lows, GOTU has a high of $5.49 and a low of $0.64.
As of this writing, GOTU has an earnings estimate of $US Global GO Gold and Precious per share for the current quarter. EPS was calculated based on a consensus of Gaotu Techedu Inc. estimates, with a high estimate of $GOLU per share and a lower estimate of $GTU.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GOTU’s latest balance sheet shows that the firm has $3.50B in Cash & Short Term Investments as of fiscal 2021. There were $356.05M in debt and $1.76B in liabilities at the time. Its Book Value Per Share was $1.70, while its Total Shareholder’s Equity was $2.88B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GOTU is Buy with a score of 1.00.
