Youdao, Inc. (NYSE:DAO - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 163,911 shares traded hands during trading, an increase of 44% from the previous session's volume of 113,981 shares.The stock last traded at $5.04 and had previously closed at $5.13.
Youdao Stock Performance
The business's 50 day moving average price is $3.48 and its 200-day moving average price is $3.67. The firm has a market capitalization of $663.25 million, a PE ratio of -14.43 and a beta of -0.03.
Youdao (NYSE:DAO - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported ($0.12) EPS for the quarter, topping analysts' consensus estimates of ($1.86) by $1.74. The firm had revenue of $181.88 million for the quarter.
Institutional Trading of Youdao
An institutional investor recently raised its stake in Youdao stock. Renaissance Technologies LLC increased its stake in shares of Youdao, Inc. (NYSE:DAO - Free Report) by 6.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,300 shares of the company's stock after purchasing an additional 3,300 shares during the quarter. Renaissance Technologies LLC's holdings in Youdao were worth $205,000 at the end of the most recent quarter. 21.91% of the stock is currently owned by hedge funds and other institutional investors.
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.
Read More
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
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
