Shares of Youdao Inc. American Depositary Shares each representing one Class A (NYSE:DAO) traded today at $7.21, breaking its 52-week low. This new low was reached on above average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 572,000 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 (NYSE:DAO) has potential upside of 404.8% based on a current price of $7.26 and analysts' consensus price target of $36.65.
In the past 52 weeks, shares of Youdao Inc. American Depositary Shares each representing one Class A have traded between the current low of $7.21 and a high of $47.70 and is now at $7.26.
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