Youdao (NYSE:DAO - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.10 earnings per share for the quarter, Zacks reports. The firm had revenue of $183.55 million during the quarter. Youdao had a negative return on equity of 3.12% and a net margin of 1.03%.
Youdao Stock Down 1.3 %
Shares of NYSE DAO traded down $0.14 during mid-day trading on Friday, reaching $10.25. 336,293 shares of the company were exchanged, compared to its average volume of 187,603. The firm has a 50-day moving average of $7.84 and a 200 day moving average of $5.72. Youdao has a 1 year low of $2.86 and a 1 year high of $11.82. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 146.43 and a beta of 0.03.
Analysts Set New Price Targets
Separately, Citigroup cut Youdao from a "buy" rating to a "neutral" rating in a research note on Thursday, December 19th.
View Our Latest Stock Analysis on DAO
About Youdao
(
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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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