Youdao (NYSE:DAO – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.10 EPS for the quarter, Zacks reports. The company had revenue of $183.55 million for the quarter. Youdao had a negative return on equity of 3.12% and a net margin of 1.03%.
Youdao Stock Performance
Shares of NYSE:DAO opened at $10.30 on Friday. The company has a market cap of $1.25 billion, a P/E ratio of 147.17 and a beta of 0.03. Youdao has a one year low of $2.86 and a one year high of $11.82. The business’s 50-day simple moving average is $7.79 and its 200 day simple moving average is $5.68.
Analysts Set New Price Targets
Separately, Citigroup downgraded Youdao from a “buy” rating to a “neutral” rating in a 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.
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