Youdao (NYSE:DAO – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, Zacks reports. Youdao had a negative return on equity of 3.12% and a net margin of 1.03%.
Youdao Trading Down 2.2 %
Shares of Youdao stock traded down $0.23 on Thursday, hitting $10.21. The stock had a trading volume of 353,013 shares, compared to its average volume of 180,928. Youdao has a 52-week low of $2.86 and a 52-week high of $11.82. The company’s 50 day moving average price is $7.73 and its 200 day moving average price is $5.64. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 146.57 and a beta of 0.03.
Analysts Set New Price Targets
Separately, Citigroup lowered Youdao from a “buy” rating to a “neutral” rating in a research report on Thursday, December 19th.
Youdao Company Profile
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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