Is Gaotu Techedu Inc (GOTU) a Stock to Watch After Losing -15.73% This Week?

Gaotu Techedu Inc (GOTU) stock is lower by 15.73% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Gaotu Techedu Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GOTU!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With GOTU Stock Today?

Gaotu Techedu Inc (GOTU) stock is down -5.06% while the S&P 500 has risen 0.29% as of 1:11 PM on Tuesday, Oct 31. GOTU is lower by -$0.12 from the previous closing price of $2.37 on volume of 1,849,309 shares. Over the past year the S&P 500 has risen 7.93% while GOTU has risen 240.91%. GOTU earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 67.59.

More About Gaotu Techedu Inc

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. Click Here to get the full Stock Report for Gaotu Techedu Inc stock.