Youdao Inc. American Depositary Shares each representing one Class A (NYSE:DAO) traded at a new 52-week low today of $18.62. This new low was reached on below average trading volume as 117,000 shares traded hands, while the average 30-day volume is approximately 407,000 shares.
Youdao Inc develops and markets software applications. It engages in developing technologies to provide learning content, applications, and solutions. The firm operates in three segments: Learning services, Learning products, and Online marketing services. Nearly half of its revenues come from the Learning services segment, which generates revenues from online courses, mainly including Youdao Premium Courses, NetEase Cloud Classroom, and China University MOOC. The learning products segment includes sales of smart devices such as Youdao Dictionary Pen and Youdao Pocket Translator. It generates revenues from the online marketing services through the provision of different formats of advertisement, including but not limited to banners, text links, videos, logos, buttons, and rich media.
Youdao Inc. American Depositary Shares each representing one Class A share prices have moved between a 52-week high of $47.70 and the current low of $18.62 and are currently at $19.18 per share.
Potential upside of 91.1% exists for Youdao Inc. American Depositary Shares each representing one Class A, based on a current level of $19.18 and analysts’ average consensus price target of $36.65.
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