Youdao (NYSE:DAO – Get Free Report) issued its earnings results on Thursday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Youdao had a negative return on equity of 3.75% and a net margin of 1.50%. The company had revenue of $183.55 million for the quarter.
Youdao Trading Down 1.3 %
NYSE DAO opened at $10.25 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 102.50 and a beta of 0.03. The business has a fifty day simple moving average of $7.84 and a 200 day simple moving average of $5.72. Youdao has a 12 month low of $2.86 and a 12 month high of $11.82.
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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