Youdao, Inc. (NYSE:DAO - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 94,991 shares changed hands during mid-day trading, an increase of 38% from the previous session's volume of 68,876 shares.The stock last traded at $7.78 and had previously closed at $7.92.
Analyst Ratings Changes
Separately, Citigroup cut Youdao from a "buy" rating to a "neutral" rating in a report on Thursday, December 19th.
Check Out Our Latest Report on Youdao
Youdao Stock Up 5.0 %
The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 120.80 and a beta of 0.03. The stock has a fifty day moving average of $7.06 and a 200-day moving average of $5.14.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in DAO. Renaissance Technologies LLC lifted its holdings in shares of Youdao by 6.7% in the second quarter. Renaissance Technologies LLC now owns 52,300 shares of the company's stock valued at $205,000 after purchasing an additional 3,300 shares in the last quarter. Blue Trust Inc. boosted its position in Youdao by 29.1% during the fourth quarter. Blue Trust Inc. now owns 8,733 shares of the company's stock worth $65,000 after acquiring an additional 1,969 shares during the last quarter. Finally, Symmetry Peak Management LLC purchased a new stake in Youdao in the 3rd quarter worth approximately $102,000. 21.91% of the stock is owned by hedge funds and other institutional investors.
About Youdao
(
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.
Further Reading
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
MarketBeat's analysts have just released their top five short plays for March 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
