Youdao, Inc. (NYSE:DAO - Get Free Report)'s stock price traded up 3.9% during trading on Monday . The stock traded as high as $4.85 and last traded at $4.85. 73,982 shares changed hands during trading, a decline of 37% from the average session volume of 116,789 shares. The stock had previously closed at $4.67.
Youdao Price Performance
The firm's 50 day moving average is $3.83 and its 200 day moving average is $3.73. The firm has a market cap of $593.72 million, a P/E ratio of -12.92 and a beta of -0.03.
Youdao (NYSE:DAO - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($1.86) by $1.74. The business had revenue of $181.88 million for the quarter.
Institutional Investors Weigh In On Youdao
An institutional investor recently raised its position in Youdao stock. Renaissance Technologies LLC lifted its position in Youdao, Inc. (NYSE:DAO - Free Report) by 6.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 52,300 shares of the company's stock after buying an additional 3,300 shares during the period. Renaissance Technologies LLC's holdings in Youdao were worth $205,000 as of its most recent SEC filing. Institutional investors own 21.91% of the company's stock.
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.
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