Youdao (NYSE:DAO – Get Free Report) announced its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, Zacks reports. Youdao had a negative return on equity of 3.75% and a net margin of 1.50%. The firm had revenue of $183.55 million during the quarter.
Youdao Stock Performance
DAO stock opened at $10.25 on Friday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 102.50 and a beta of 0.03. Youdao has a fifty-two week low of $2.86 and a fifty-two week high of $11.82. The stock has a fifty day moving average of $7.84 and a 200-day moving average of $5.72.
Wall Street Analysts Forecast Growth
Separately, Citigroup lowered Youdao from a “buy” rating to a “neutral” rating in a research report on Thursday, December 19th.
About Youdao
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.
Featured Stories
- Five stocks we like better than Youdao
- Earnings Per Share Calculator: How to Calculate EPS
- DuPont’s Electronics Spinoff: The Start of Something Big
- How to Find Undervalued Stocks
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
- How to Calculate Options Profits
- Market Shift: These 3 Stocks Are Winning While Big Tech Lags
Receive News & Ratings for Youdao Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Youdao and related companies with MarketBeat.com's FREE daily email newsletter.
