Youdao (NYSE:DAO) Releases Quarterly Earnings Results

Youdao (NYSE:DAO) issued its quarterly earnings results on Thursday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Youdao had a net margin of 1.03% and a negative return on equity of 3.12%.

Youdao Trading Down 3.5 %

NYSE DAO traded down $0.36 during trading hours on Thursday, reaching $10.07. The company had a trading volume of 346,616 shares, compared to its average volume of 180,862. The stock has a market capitalization of $1.22 billion, a P/E ratio of 143.86 and a beta of 0.03. The stock has a 50-day moving average of $7.73 and a 200 day moving average of $5.64. Youdao has a 1-year low of $2.86 and a 1-year high of $11.82.

Analyst Upgrades and Downgrades

Separately, Citigroup cut shares of Youdao from a “buy” rating to a “neutral” rating in a research note 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.