Youdao, Inc. (NYSE:DAO - Get Free Report) traded up 2% during trading on Wednesday . The stock traded as high as $4.21 and last traded at $4.17. 47,003 shares were traded during mid-day trading, a decline of 69% from the average session volume of 151,094 shares. The stock had previously closed at $4.09.
Youdao Price Performance
The firm's 50-day moving average price is $4.03 and its 200-day moving average price is $3.98. The company has a market cap of $520.37 million, a price-to-earnings ratio of -6.54 and a beta of -0.11.
Youdao (NYSE:DAO - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.08 EPS for the quarter. The company had revenue of $208.53 million for the quarter.
Institutional Investors Weigh In On Youdao
Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new position in shares of Youdao in the 3rd quarter valued at approximately $31,000. Sei Investments Co. bought a new stake in shares of Youdao in the 2nd quarter worth about $55,000. Northern Trust Corp acquired a new stake in shares of Youdao in the 2nd quarter valued at about $59,000. Russell Investments Group Ltd. acquired a new position in Youdao in the first quarter worth about $61,000. Finally, Envestnet Asset Management Inc. bought a new stake in Youdao in the fourth quarter valued at about $65,000. 21.91% of the stock is owned by institutional investors and hedge funds.
Youdao Company Profile
(
Get Free Report)
Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.
Recommended Stories
Before you consider Youdao, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Youdao wasn't on the list.
While Youdao currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
